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Vedanta demerger May 1 record date why April 29 is last day to buy

Economy
Published on 29 April 2026
Vedanta demerger May 1 record date why April 29 is last day to buy

Record date falls on a holiday, changing buying deadlines

Vedanta’s demerger record date is May 1, but since it’s a market holiday, April 29 is the last day investors can buy shares to remain eligible. For every Vedanta share held, shareholders will receive one share each of Vedanta Aluminium Metal, Talwandi Sabo Power, Malco Energy, and Vedanta Iron and Steel, as the group restructures to unlock value.

  • May 1 record date lands on a market holiday
  • April 29 is the final buying day for eligibility
  • Shareholders get one share in each listed demerged entity per Vedanta share
  • Demerger aims to create focused sector businesses to unlock value
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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