June 16, 2026
Advertisement
  1. News
  2. Business
  3. Markets
  4. Vedanta Demerger: Vedanta Aluminium shares list at Rs 527 apiece, check prices of Vedanta Power and others

Vedanta Demerger: Vedanta Aluminium shares list at Rs 527 apiece, check prices of Vedanta Power and others

Published: ,Updated:

Vedanta Demerger: Vedanta Group's four demerged businesses were listed on the Bombay Stock Exchange and the National Stock Exchange today.

Vedanta Demerger
Vedanta Demerger Image Source : Vedanta/Freepik
Mumbai:

Shares of Vedanta Group's four demerged businesses made their debut on the BSE and the National Stock Exchange (NSE) today, i.e., on June 15, 2026. The shares of four newly created entities that began trading on Indian stock exchanges are - Vedanta Aluminium Metal (VAML), Vedanta Oil & Gas (VOGL), Vedanta Power and Vedanta Iron & Steel (VISL). Vedanta Limited was already listed on the bourses. Among the newly listed companies, Vedanta Aluminium Metal emerged as the top performer, listing at Rs 527 on the BSE. Ahead of the listing of demerged entities, which was scheduled for listing at 10 am, shares of Vedanta started the trading session in green at Rs 313.95 against the previous close of Rs 309.50 on the BSE. It continued the upward trend and touched an intraday high of Rs 318.60, representing a gain of Rs 9.1 or 2.94 per cent.  

Vedanta Aluminium Metal

Shares of Vedanta Aluminium Metal listed at Rs 527 and advanced to an intraday high of Rs 538, representing a gain of Rs 11. However, it witnessed profit booking and higher levels and fell to touch the lower circuit of 5 per cent at Rs 500.65. The market cap of the company stood at Rs 1,95,773.58 crore.

Vedanta Oil & Gas 

The shares list at Rs 39 on the BSE and gained to touch a high of Rs 40.95. This, too, witnessed profit booking and fell 5 per cent to hit the lower circuit at Rs 37.05. The market cap of the company stood at Rs 14,487.99 crore.

Vedanta Iron & Steel 

Vedanta Iron & Steel commanded the lowest value among the newly demerged companies that listed on the bourses today. The stock of this demerged company opened at Rs 22.25, with a market cap of Rs 8,700 crore. However, this saw profit booking and fell to a low of Rs 19.60 on the BSE. 

Vedanta's demerger was approved by the National Company Law Tribunal in December last year. Under the 1:1 approved demerger scheme, shareholders received one share of each demerged company for every one share held in the currently listed Vedanta Ltd.

ALSO READ | Tax notices are increasing: Here are some common mistakes that trigger them

(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business and Markets Section
Advertisement
Advertisement
Advertisement
Advertisement
 
\