5 New Shares On 1 Soon: Vedanta Fixes Record Date For Demerger, Approves 1:1 Allotment | Check Date

5 New Shares Soon: Mining major Vedanta Limited on Monday, April 20, announced the record date for its much-awaited demerger, which will come into effect on May 1. The Anil Agarwal-led conglomerate has fixed the same date as the record date and has also outlined share allotment ratios for the four resulting entities.

The Board of Directors of the Company has approved "To make the Scheme effective on May 1, 2026; and has fixed May 1, 2026, as the record date for determining the shareholders eligible to receive consideration pursuant to the Scheme."

Vedanta Demerger Date

The metal to mining conglomerate has fixed May 1 as the record date for Vedanta demerger. As per Vedanta's BSE filing, the board "In consultation with VAML, TSPL, MEL and VISL, the Board has fixed May 1, 2026, as the record date for determining the shareholders eligible to receive consideration pursuant to the Scheme."

Vedanta Demerger Details

As per the composite scheme of arrangement, Vedanta demerger will lead to the formation of five separate entities, ie Vedanta Aluminium Metal Limited, Talwandi Sabo Power Limited, Malco Energy Limited, Vedanta Iron and Steel Limited, and the parent firm.

As per Vedanta BSE filing, Vedanta Aluminium will issue "one fully paid-up equity share of VAML having a face value of Re 1 each for every 1 fully paid-up equity share of Re 1" held in Vedanta.

Vedanta Demerger Ratio for TSPL

TSPL will issue "one fully paid-up equity share of TSPL having face value of Rs 10 (Indian Rupees Ten) each for every 1 fully paid-up equity share of Re 1 (Indian Rupee One)" of Vedanta.

Vedanta Demerger Ratio For MEL

MEL will issue "one fully paid-up equity share of MEL having face value of Re 1 (Indian Rupee One) each for every 1 (one) fully paid-up equity share of Re 1," of Vedanta.

Vedanta Demerger Ratio for VISL

Vedanta Iron and Steel Limited will issue "one fully paid-up equity share of VISL having face value of Re 1 each for every 1 (one) fully paid-up equity share of Re 1" of Vedanta.

Vedanta share price ended 2.15% lower at Rs 770.65 per share on BSE with a market capitalisation of Rs 3,01,354.06 crore on Monday, April 20. The stock had touched an intraday high of Rs 782/95 per share and an intraday low of Rs 768.65 per share. Its return on equity (ROE) stood at 16.26%.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.