Vedanta Plans Mid-May Listing for Demerged Units

Vedanta, a big company that deals with metals and oil, is splitting into five separate companies.

Four of these new companies will be listed on the stock market by mid-May 2026.

The split is planned to start on April 1, 2026.

The four new companies will focus on steel, oil and gas, aluminium, and power, while the main company will keep the base metals business.

Vedanta's chairman and CFO say this split will help each business grow better.

The company recently reported a big increase in profits and revenue.

The split was approved by a court after some initial problems with the government.

The company also said that higher taxes on aluminium imports from the US didn't hurt them much because of strong demand in India.

Shares of Vedanta dropped a bit recently, following weaker global prices.