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Vedanta demerger to be effective from May 1
Public Lokpal
April 20, 2026
Vedanta demerger to be effective from May 1
NEW DELHI: Mining major Vedanta on Monday said its board has approved May 1, 2026, as the effective date for the demerger of its aluminium, merchant power, oil and gas and iron ore verticals into separate listed entities.
In a filing to BSE, the company said that "the board of directors of the company at its meeting held on April 20, 2026, as part of the ongoing reorganisation process, has inter alia, approved to make the scheme effective on May 1, 2026."
The company also added that in consultation with other entities involved, the board has fixed May 1 as the record date for determining the shareholders eligible to receive consideration pursuant to the scheme.
PTI
