Vedanta demerger: Shareholders of Vedanta Limited are beginning to receive shares of the company's newly demerged businesses in their demat accounts.
However, many investors are confused because these shares are not visible in their trading apps.
Retail investors are waiting to access shares of entities such as Malco Energy Limited, Talwandi Sabo Power Limited and Vedanta Iron And Steel Limited.
Why are Vedanta demerger shares not visible yet in the trading apps?
Although the shares have already been credited to many demat accounts, they are still awaiting final listing and trading approval from BSE and NSE.
Until the exchanges grant permission for trading, these shares remain temporarily frozen. Because of this, trading apps may not display them normally in portfolios.
Once listing approval is completed, the shares are expected to automatically reflect in trading apps.
What is happening in the Vedanta demerger?
Vedanta is restructuring its businesses into separate listed companies through a demerger process. This means each business vertical will function independently after listing.
The company is separating four businesses:
Aluminium business: Vedanta Aluminium Metal Limited (VAML)
Power business: Talwandi Sabo Power Limited (TSPL)
Oil & Gas business: Malco Energy Limited (MEL)
Iron & Steel business: Vedanta Iron and Steel Limited (VISL)
After the restructuring, investors will effectively hold shares across five separate companies, including the existing Vedanta Ltd.
What shareholders are receiving
Investors who held Vedanta shares on the record date of May 1, 2026, are eligible for the demerger benefits.
For every 1 Vedanta share held, shareholders will receive:
1 share of VAML
1 share of TSPL
1 share of MEL
1 share of VISL
For example, if an investor held 100 Vedanta shares, they would receive 100 shares each of the four newly created entities.
When will trading begin?
During the company's Q4 earnings interaction, Vedanta Resources CEO Deshnee Naidoo said listing applications will soon be filed with exchanges.
Vedanta CFO Ajay Goel also indicated that trading in the resulting companies is expected to begin during the first quarter of FY27.
However, exchange approvals and listing formalities take around 45 to 60 days after submission of the listing application.
The demerger may also have income tax implications for shareholders, especially regarding cost allocation and capital gains taxation. (Read more about the taxation rules in this story)
How shareholders can check whether shares are credited
Investors can verify the allotment status directly through their demat account using the CDSL EASI facility or by contacting their Depository Participant (DP).
What is CDSL EASI?
EASI (Electronic Access to Securities Information) is an online facility provided by Central Depository Services Limited that allows investors to access their demat account details online.
Using the platform, investors can check:
Holdings in demat account
Share credits
ISIN details
Transaction status
Steps to register for CDSL EASI
You can also register for CDSL's EASI (Electronic Access to Securities Information) facility to easily check your demat account details.
Steps for CDSL EASI Registration
Click the following link to access the login page:
On the homepage, click on "CDSL".
Then, select "To Register for Easi! Click Here" to begin creating your login credentials.
Enter your 16-digit Demat Account Number.
Create a password Verification
Check the box for "I am not a robot."
Then clicking "Register" confirms & continue
Further, do as per instructions.
Once registration is complete, you will receive a confirmation notification from CDSL.
Even if the shares are credited, they may still show as unlisted or non-tradable until stock exchanges approve trading.
What investors should know now
For shareholders, the key thing to understand is that the allotment process and the listing process are different stages.
Investors should be aware that even if Vedanta demerger shares have been credited to their demat accounts, they might not show up in trading apps yet, as the shares are still awaiting final trading approval from the stock exchanges.
Once BSE and NSE grant trading permission, the newly allotted Vedanta demerger shares are expected to become visible automatically across all trading apps.
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Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Investors should do their own research or consult a registered financial advisor before making investment decisions.