Vedanta Aluminium is likely to be upgraded to the largecap category, while Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel may be classified as smallcaps in AMFI’s semi-annual reshuffle for H2 CY26 following Vedanta’s demerger, according to a prediction by Nuvama Institutional Equities.
Vedanta’s demerged entities were listed on June 15, 2026. Based on current average market-cap levels, AMFI may raise the large-cap cut-off to approximately Rs 1.07 lakh crore (compared to Rs 1.05 lakh crore as of December 2025) and set the mid-cap threshold at around Rs 32,800 crore (compared to Rs 34,800 crore in December 2025).