StockWatch
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Diversified Metals
Corporate Action16 May 2026, 01:01 pm

Vedanta: Cost of Acquisition Apportionment Post Demerger

AI Summary

Vedanta Ltd. announced the apportionment of cost of acquisition for equity shares following the demerger of its Aluminum, Merchant Power, Oil and Gas, and Iron Ore Undertakings into four Resulting Companies. Shareholders can apportion their total cost of acquisition with Vedanta Limited at 52.34%, Vedanta Aluminium Metal Limited at 7.15%, Talwandi Sabo Power Limited at 12.23%, Malco Energy Limited at 21.49%, and Vedanta Iron and Steel Limited at 6.79%. This apportionment is based on the net worth and net assets as per the Income-tax Act, 2025. The demerger came into effect on May 1, 2026, with Resulting Companies issuing one equity share for each share held in Vedanta.

Key Highlights

  • Vedanta demerged four undertakings into separate Resulting Companies.
  • Shareholders receive one equity share in each Resulting Company for every Vedanta share held.
  • Cost of acquisition apportionment: Vedanta Ltd (52.34%), Vedanta Aluminium (7.15%), Talwandi Sabo (12.23%), Malco Energy (21.49%), Vedanta Iron and Steel (6.79%).
  • Apportionment is based on net worth and net assets as per Income-tax Act, 2025.
  • Effective date of the scheme is May 1, 2026.