Vedanta shares to trade ex-demerger from today - All you need to know

Shares of Vedanta Ltd., the Anil Agarwal-owned mining conglomerate, will begin trading adjusted for their demerger from Thursday, April 30. The company had fixed Friday, May 1, as the record date for the demerger.

Shareholders who had shares of Vedanta in their demat account as of Wednesday's closing, will be eligible to avail the benefits of the demerger. Those who buy the shares today will not be eligible for the same.

Vedanta will issue one share of every demerged entity for every one share that they hold of the current consolidated listed entity.

Here's How It Works Today

There will first be a special price discovery session from 9:15 AM to 9:45 AM, as is the case with every company that undergoes a demerger process. Hindustan Unilever was a case in point recently, when it demerged its ice-cream business, Kwality Walls, into a separate listed entity.

Normal trading in the stock will begin from 10 AM. Starting that point, Vedanta Ltd. will begin trading ex-of its Aluminium, Power, Oil & Gas and Iron & Steel business.

What Is Left In The Listed Entity?

The currently consolidated Vedanta Ltd. will now comprise of its 60.71% stake it holds in Hindustan Zinc, Zinc and the Copper business, which was earlier part of the demerger plan, but the plan was put on the back burner for the entity to grow in scale and then revisit it again.

The Valuation Picture

Brokerage firm Nuvama now values the consolidated Vedanta Ltd. at ₹936 per share before the demerger. Of which, the ex-demerger Vedanta Ltd. is valued at ₹336 per share, the stake in Hindustan Zinc is valued at ₹317 apiece, while the base metals and other businesses is valued at ₹19 per share.

Most of the analysts who have coverage on Vedanta continue to maintain their "buy" rating on the stock.

Shares of Vedanta Ltd. ended 4.8% higher on Wednesday at ₹775. Wednesday was also the day when all of Vedanta's futures and options contracts expired. The stock is up over 25% so far in 2026.