The four companies that emerged from Anil Agarwal-led Vedanta's mega demerger, Vedanta Oil & Gas, Vedanta Power, Vedanta Aluminium Metal and Vedanta Iron & Steel, made their stock market debut on Monday on the BSE and NSE. All four stocks have been placed in the Trade-to-Trade (T2T) segment, where every transaction results in compulsory delivery.
Vedanta Oil & Gas made its stock market debut at Rs 39 per share on the BSE, while Vedanta Iron & Steel was listed at Rs 22 per share. Vedanta Power debuted at Rs 41.80 on the NSE and Rs 41.30 on the BSE. Following its listing, the company commanded a market capitalisation of approximately Rs 16,149.90 crore.
