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Vedanta Chairman Reaffirms September Demerger Timeline Amid Viceroy Allegations

Updated: July 10, 2025 17:31

Image Source: The Economic Times
Vedanta Ltd Chairman Anil Agarwal has confirmed that the company’s longawaited demerger will be completed by September 30, 2025, despite turbulence caused by a critical report from shortseller Viceroy Research.
 
Demerger Update
  • The demerger will split Vedanta into four independent entities: aluminium, oil and gas, power, and base metals.
  • Shareholders will receive one share in each new company for every Vedanta Ltd share held.
  • CFO Ajay Goel reiterated that regulatory approvals are on track, with the process expected to conclude by Q2 FY26.
Response to Viceroy Report
  • Agarwal dismissed Viceroy’s allegations as motivated and misleading, stating the report aims to derail corporate initiatives.
  • Vedanta emphasized its strong fundamentals, citing record revenue of Rs 1.5 lakh crore and 87% shareholder returns in FY25.
Market Context
Vedanta shares dipped following the report but remain resilient amid investor confidence in the demerger’s valueunlocking potential.
 
Sources: NDTV Profit, CNBC TV18, Economic Times, Business Standard, Livemint, The Hindu Business Line

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