VEDANTA LIMITED (VEDL) has demerged its business into VEDANTA ALUMINIUM METAL LIMITED, TALWANDI SABO POWER LIMITED, MALCO ENERGY LIMITED and VEDANTA IRON AND STEEL LIMITED. 

Under this corporate action, the demerger has been carried out in a 1:1 share ratio, and the record date for determining eligible shareholders was May 1, 2026.

Stock portfolio will be automatically updated with the newly allotted shares on or before June 22, 2026 based on demat holdings.

However, to accurately reflect your VEDANTA LIMITED (VEDL) investment after the demerger, a manual update of the cost price will be required at your end.

Why a Manual Update Is Needed

After a demerger, the total cost of your original investment needs to be redistributed between the four resulting companies.

For this demerger:

• 52.34% of the original cost is allocated to VEDANTA LIMITED (VEDL) 

• 7.15% of the original cost is allocated to VEDANTA ALUMINIUM METAL LIMITED

• 12.23% of the original cost is allocated to TALWANDI SABO POWER LIMITED

• 21.49% of the original cost is allocated to MALCO ENERGY LIMITED

• 6.79% of the original cost is allocated to VEDANTA IRON AND STEEL LIMITED

This ensures your portfolio correctly reflects the adjusted value of all five holdings.

Steps to Update your Portfolio for VEDANTA LIMITED (VEDL):

To update your portfolio correctly, please follow the steps below and in the exact order:

1. Close your existing VEDL buy transactions

You are required to manually add sell transactions for each of your earlier buy transactions of VEDL.

This step resets current VEDL quantity in the system and you will be able to add revised cost allocation for VEDL holdings.

2. Add a revised VEDL buy transaction

Create a new buy entry for VEDL using the 52.34% cost allocation.

While adding this entry, ensure that:

• The quantity remains the same as your original VEDL holding (because there is no change in the number of VEDL shares in this demerger).

• The transaction date is the same as your original purchase date.

• The revised cost price is calculated using the cost apportionment formula below.

For example,

Say you purchased 200 shares of VEDL on 01/04/2025 (i.e., on or before the record date) at a price of ₹500 per share, and assuming you paid ₹100 towards brokerage and statutory charges, then your total transaction cost becomes ₹1,00,100, resulting in an average cost of ₹500.5 per share.

If you wish to update the revised buy entries for this transaction, the calculation will be as follows:

Revised Buy Price = [ Total Transaction Cost (including brokerage & charges) × 52.34%] ÷ Quantity

= [ ₹1,00,100 × 52.34%] ÷ 200

= ₹261.96 (per share)

Steps to Update your Portfolio for the newly allotted shares:

We will update your portfolio with the newly allotted shares on or before June 5, 2026. If your portfolio is not updated automatically, then you can update it by following the steps below:

Add a buy transaction using the cost apportionment ratio:

A. Transaction Date: Date of purchase of original shares of VEDANTA LIMITED (VEDL)

Quantity: The demerger ratio is 1:1, so the quantity will be the same as the number VEDL shares in your portfolio as on the record date

B. Cost Price Calculation = [Total transaction cost (incl. brokerage & statutory charges) × Cost of apportionment %] ÷ Quantity

Using the same example, the cost price of VEDANTA ALUMINIUM METAL LIMITED shares can be calculated as follows:

Cost Price = [Total Transaction Cost (including brokerage & charges) × 7.15%] ÷ Quantity

= [₹100,100 × 7.15%] ÷ 200

= ₹35.79 (per share)

The above steps can be used to update your portfolio for the remaining companies.

For detailed, step-by-step instructions on updating your portfolio on the platform, click here.