Vedanta demerger record date May 1 one share each for shareholders here is what it means

You may get shares in four new firms

Vedanta plans to demerge four businesses into separate listed entities, with May 1 set as the record date. Shareholders will receive one share of each new company for every Vedanta share held. While listing dates haven’t been announced, past demergers typically roll out between three weeks and several months, affecting timing for investors’ returns.