What was Vedanta's share price after the demerger?

Vedanta's share price closed at Rs 289.50 on the NSE after the demerger.

When did Vedanta shares resume trading after the demerger?

Trading in Vedanta shares resumed at 10:00 AM on the ex-demerger day.

How was the new Vedanta share value determined post-demerger?

A special price discovery session was held between 9:00 AM and 10:00 AM to establish the new fair value for Vedanta's remaining core business.

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Vedanta Shares Trade Post-Demerger

30 Apr

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Summary

Vedanta's share price closed at Rs 289.50 on NSE.
A special session set the new fair value post-demerger.
Trading resumed at 10:00 AM with an adjusted price.

Vedanta Ltd.'s share price settled at Rs 289.50 on the NSE on the ex-demerger day. The company successfully completed its anticipated demerger, with the original entity continuing its operations and remaining listed on the stock exchange. This strategic move involved carving out specific businesses into new entities.

A crucial price discovery session took place between 9:00 AM and 10:00 AM. During this hour, the market evaluated and established a new fair value for Vedanta's remaining core operations. Following this adjustment period, regular trading resumed at 10:00 AM.

The adjusted share price now accurately reflects the value of Vedanta's core business, post-demerger. Investors observed the market's reaction as the stock began trading with its new valuation, signaling a fresh chapter for the company.

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