According to reports from The Financial Express, Vedanta has confirmed that shares of the demerged entities have been credited to all shareholders. A Vedanta spokesperson responded to queries by stating 'Yes, the shares of the demerged entities have been credited to all shareholders'. Nearly a week after Vedanta shares started trading ex-demerger, shareholders are now actively tracking the credit of the newly created company shares and awaiting separate stock market listings.
As reported by The Financial Express, the demerger marks a major shift in Vedanta's business structure from a large diversified natural resources company to multiple focused businesses. The company previously operated with businesses spread across aluminium, oil and gas, power, iron ore and steel under one listed entity. Now, investors will effectively hold stakes in multiple focused businesses instead of one combined conglomerate, changing how the market may value the group going forward.
According to The Financial Express, brokerage houses have shared their outlook following the restructuring exercise. Emkay has maintained a 'Buy' rating on Vedanta with a sum-of-the-parts target valuation of ₹900, implying an upside potential of around 16%. However, Motilal Oswal has adopted a more cautious stance, assigning a target price of ₹800 and maintaining a 'Neutral' rating, indicating limited upside from current levels.
As reported by The Financial Express, the focus has shifted beyond the demerger announcement itself to several key factors. Investors are now monitoring the credit of shares in demat accounts, official exchange communication on listing timelines, and the market's response once independent trading begins. The listing process is crucial because it will lead to fresh price discovery for each business independently, with each vertical now assessed separately based on sector-specific growth, profitability, and future earnings potential.
