Vedanta to list four businesses on Indian exchanges by mid-May 2026 after restructuring.

Vedanta Ltd plans to list four demerged businesses—steel, oil and gas, aluminium, and power—on Indian stock exchanges by mid-May 2026, with the restructuring effective April 1, following approval from India’s company law tribunal in December. The move, first announced in 2023, aims to boost growth after reducing debt at its UK parent, Vedanta Resources. CFO Ajay Goel said a 50% U.S. aluminium tariff under Trump had minimal impact due to strong Indian demand. Despite progress, Vedanta’s shares dropped over 5% Friday amid falling global commodity prices.