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The Economic Times

Veer Sharma

Vedanta shares jump over 2% ahead of mega demerger; 4 new stocks to list today

Vedanta United States Anil Agarwal Oil

Shares of Anil Agarwal-led Vedanta gained over 2% to their day's high of Rs 317 on the BSE on Monday as the four companies carved out under its mega demerger are scheduled to list later in the day.

The listing marks a key milestone in Vedanta's restructuring plan announced in April. Under the scheme, eligible shareholders received one share in each of the four newly created entities for every Vedanta share held.

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