Vedanta Group Completes Major Demerger, Listing Subsidiaries on Stock Exchanges
- Reports
- 6
- Developments
- 5
- Repetition
- 67%
New informationRepeats or wire copies
What happened
Vedanta Group completed the spin-off of several subsidiaries, including Vedanta Aluminium, Vedanta Iron and Steel, Vedanta Power, and Vedanta Oil and Gas, on June 1, 2026. These four companies were subsequently listed on the Bombay Stock Exchange and National Stock Exchange in June 2026. Vedanta Power recently reported a net profit of Rs 83 crore for the second quarter of FY27, following a sharp turnaround from previous losses, while its revenue increased 38% year-on-year.
From indiatimes.com, finanznachrichten.de, thehindubusinessline.com
Why it matters
The corporate transformation created five focused businesses central to India's industrial and energy sectors. The separate listings allow the newly independent companies to pursue dedicated capital allocation frameworks and growth plans. For instance, Vedanta Aluminium, which is India's largest aluminium producer, plans to double its capacity.
Vedanta Group is undergoing a major demerger and diversification into specialized entities, including Iron & Steel, Aluminium Metal, and Power.
How it developed
Newest first. Tap a step to see who reported it.Vedanta Oil and Gas was also spun off from the parent company.1 source
- Anil Kumar Agarwal has been appointed as the Non Executive Chairman of Vedanta Aluminium, and Refinitiv is providing a Stock Score for the company.Sub-event
- Vedanta Iron and Steel Limited was listed on BSE and NSE following its carve-out under Vedanta Ltd's demerger plan.Sub-event
- Anil Agarwal led the resources major Vedanta Ltd, which is currently producing a quarter of India's oil output.Sub-event
The spin-off of Vedanta subsidiaries from the parent company was completed on June 1, 2026.1 source
Keep exploring
Part of
Vedanta Group is undergoing a major demerger and diversification into specialized entities, including Iron & Steel, Aluminium Metal, and Power.Also in this story
- Vedanta Oil and Gas Limited was demerged from Vedanta Ltd on October 30, 2026.
- Ministry approves environmental clearance amendment for Vedanta, alongside NGT disposal of iron ore transport application.
- Supreme Court ruling addresses SEBI's internal noting regarding Vedanta Group.
- Bonanza provided research analysis on Vedanta Group firms, noting the inclusion of Vedanta Iron and Steel Limited in the Nifty 500 index.