Vedanta Demerger, April 22 -- Metals and mining major Vedanta has announced its demerger into five separate publicly listed companies. The Anil Agarwal-led conglomerate will be demerged into - Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel, and Vedanta Limited - to unlock value and simplify its corporate structure.

Vedanta demerger record date is May 1, 2026. The company's board of directors have fixed May 1 as the demerger effective date and the demerger record date for determining the shareholders eligible to receive shares in the newly carved-out businesses.

However, there is a stock market holiday on May 1 on account of 'Maharashtra Day', and the trading on BSE and NSE will remain shut. Hence, Vedanta shar...