Vedanta Demerger Update: How To Check Status of Unlisted Shares? When To Expect Listing of 4 New Entities?

Vedanta Demerger Update: Vedanta's share price has been witnessing heightened investor interest ever since the stock started trading at its ex-demerger value. As the Vedanta demerger has remained in focus for a long time, market participants are now eagerly awaiting listing details of the four new entities set to emerge from the demerger.

Vedanta demerger will lead to five new entities, ie Vedanta Iron and Steel Limited, Malco Energy, Vedanta Aluminium Metal Limited, Vedanta Power, and Vedanta Limited.

Vedanta Demerger: Transfer of Unlisted Shares on Demat Account

The process of transferring unlisted entities' shares from the Vedanta demerger was scheduled to be completed by Monday, May 11. Hence, the eligible investors might have received shares of unlisted entities by now.

How To Check Unlisted Shares In Demat Account

Investors must have received a text message from CDSL about the transfer of unlisted entities' shares to their demat account. Investors must simply check their registered mobile number for any text message from CDSL regarding the same.

Eligible investors will receive shares of 4 unlisted entities, ie Vedanta Power, Vedanta Iron and Steel, Malco Energy Limited, and Vedanta Aluminium Limited in the ratio of 1:1.

When Will Vedanta Entities Start Listing On Exchanges?

The process to get approval from exchanges to list the shares of four demerged entities is underway. The listing of four new Vedanta entities is expected to be made by mid-June.
"In the next week, we will be filing with the exchanges for listing approval. The shares of the resulting companies are expected to list and commence trading by mid-June," said Deshnee Naidoo, CEO, Vedanta Resources, during an investor call on Q4 financial results.

The process of listing of four shares post demerger generally takes four to six weeks and the four new entities are required to obtain regulatory approvals, including from the Securities and Exchange Board of India (SEBI) and the stock exchanges.

Vedanta Share Price Trend

Vedanta share price was trading 3.44% higher at Rs 334.2 per share on BSE with a market capitalisation of Rs 1,30,665.62 crore at 12:44 pm on Thursday. The stock had touched an intraday high of Rs 336 per share and an intraday low of Rs 325.2 per share. The stock has a return on equity (RoE) of 23.53%. Vedanta stock has delivered 23% return in two weeks.

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