The four companies that spun out from Vedanta’s mega demerger are set to debut on stock exchanges BSE and NSE on Monday (June 15), with analysts expecting Vedanta Aluminium to debut with a market cap of Rs 1.74 lakh crore to overtake its parent company after the special pre-open session.
According to exchange notices, Vedanta Oil & Gas, Vedanta Power, Vedanta Aluminium Metal and Vedanta Iron & Steel will make their much-awaited market debut on Monday. They will initially be placed in the Trade-to-Trade (T2T) segment, where every transaction results in compulsory delivery.