Archive · 30 Jan 2026
Vedanta to Split into Five Companies
Vedanta, a big company, is splitting into five smaller companies.
This is called a demerger.
The plan was approved in December 2025, and the split will happen on 1 April 2026.
The new companies will start trading on the stock market in May 2026.
Vedanta has a lot of debt, and this debt will be shared among the new companies based on their assets and ability to make money.
Three of the new companies will have most of the debt, while two will have almost none.
Vedanta recently made a record profit in the last quarter, which is good news.
One of the new companies, Hindustan Zinc, also made a lot of money because silver prices went up.
Vedanta received approval for a five-way demerger in December 2025.
The demerger will take effect on 1 April 2026, with listing expected by May 2026.
Vedanta's $6.7 billion debt will be apportioned among the new companies based on assets and cash generation abilities.
Vedanta Aluminium and Vedanta Power will bear the majority of the debt, while Vedanta Oil & Gas and Vedanta Iron and Steel will have minimal debt.
Vedanta reported record Q3 profit of ₹7,807 crore, with Hindustan Zinc contributing significantly due to high silver prices.
- Who
- Vedanta Ltd
- What
- Splitting into five independent companies
- When
- Demerger effective 1 April 2026, listing by May 2026
- Where
- India
- Why
- To separate businesses and manage debt
- Demerger Approval
- December 2025
- Demerger Effective Date
- 1 April 2026
- Expected Listing Date
- May 2026 (or before June 2026)
- Total Debt
- ₹60,624 crore ($6.7 billion)
- Record Q3 Profit
- ₹7,807 crore (60% YoY growth)
- Record Q3 Revenue
- ₹45,899 crore (20% YoY growth)
- Record Q3 EBITDA
- ₹15,171 crore (33% YoY growth)
- Hindustan Zinc Q3 EBITDA
- ₹6,064 crore (highest ever)
Sources
Vedanta offloads 1.59% stake in HZL, as retail portion subscribed over two times
Hindustan Zinc launches ‘Zinc Moolya’ a live rupee pricing module on Vedanta Metal Bazaar
Five baby Vedantas will step into stock exchanges in May, three to bear most debt load