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The Economic Times

Akash Podishetti

Vedanta demerger: Four spin-off companies list on exchanges on June 15

Vedanta Vedanta Iron Steel Vedanta Oil Gas Vedanta Power Anil Agarwal Oil Vedanta Aluminium Metal aluminium

Investors in Vedanta will finally get a price for the group's demerged businesses on June 15, when four newly created entities — Vedanta Aluminium Metal (VAML), Vedanta Oil & Gas (VOGL), Vedanta Power and Vedanta Iron & Steel (VISL) — begin trading on Indian stock exchanges.

The listings mark the end of Vedanta's long-awaited demerger exercise, one of the biggest corporate restructurings undertaken in India's metals, mining and natural resources sector.

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