Vedanta share price was trading higher on Wednesday ahead of the two key developments — the company’s demerger and its Q4 results announcement.
The company will announce its Q4 results today. Vedanta share price traded over a percent higher ahead of the earnings announcement today.
Vedanta is also nearing its of 1 May 2026. As there is a stock market holiday on May 1, Vedanta shares will trade ex-demerger on April 30, Thursday. Therefore, today is the last day to buy Vedanta shares to avail the demerger benefits, on account of the T+1 settlement cycle.
Only shareholders who hold shares in their demat accounts by the close of trading on April 29 will qualify for the demerger benefits. Investors purchasing Vedanta stock on or after April 30 will not be eligible.
Vedanta Demerger Structure
The Anil Agarwal-led Vedanta has announced its – Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, and Vedanta Limited.
Vedanta demerger ratio is 1:1. Hence, eligible shareholders will receive one share each of these demerged companies for every one share they hold of the consolidated entity as on the record date.
The company’s board of directors have fixed record date and Vedanta demerger effective date as May 1.
Vedanta Share Price Discovery
The stock exchanges BSE and NSE will conduct a special pre-open session (SPOS) on April 30, 2026, for . The session will run from 9:15 AM to 9:45 AM, with regular trading commencing at 10:00 AM, reflecting the ex-demerger price.
The share price of four demerged entities will be derived from the difference between Vedanta’s closing price on April 29 and the price discovered during the special pre-open session on April 30.
Should you buy Vedanta shares ahead of demerger record date?
According to Sunny Agrawal, Head of Fundamental Research at SBI Securities, Vedanta’s fair value is estimated in the range of ₹880 – ₹900 over a 12–18 month horizon.
He noted that around 54% of the valuation is attributed to the aluminium business, while nearly 33% is linked to the existing listed operations, including zinc and base metals post-demerger. Based on this, investors may consider accumulating at current levels ahead of the record date.
Avinash Gorakshakar highlighted that while the sum-of-the-parts (SOTP) valuation indicates meaningful upside, investors should also assess the individual entities’ balance sheet strength and their ability to withstand commodity price volatility.
He added that the real value of the demerger lies in potential re-rating. Currently, the conglomerate structure results in a 20–30% valuation discount. Post-demerger, individual businesses could command valuations comparable to peers such as in aluminium and Oil and Natural Gas Corporation (ONGC) in oil and gas, potentially narrowing the discount and unlocking shareholder value.
At 11:25 AM, Vedanta share price was trading 1.53% higher at ₹750.50 apiece on the .
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.