Monday's session is shaping up to be anything but ordinary for Indian equities. The long-running demerger of metals-and-mining major Vedanta has finally reached its concluding stage, and from June 15 the effect will play out directly on trading screens. From that day, four newly carved-out companies separated from Vedanta Limited will begin trading on their own. Once the split is complete, the total number of listed entities under the Vedanta umbrella will rise to five, and the early performance of these fresh listings is what investors and market watchers will be tracking most closely.
The Four Companies Being Spun Off
The four businesses that will get their own distinct identity under the demerger are Vedanta Oil and Gas Limited, Vedanta Power Limited, Vedanta Aluminium Metal Limited and Vedanta Iron and Steel Limited. The parent, Vedanta Limited, will continue to remain listed and trade as before. The group's argument is that running each vertical as a standalone company will make its true value and strength far more visible, giving investors a clearer benefit because they can now judge each business on its own merits and potential.
Vedanta Oil and Gas Steals the Spotlight
Of the four, it is Vedanta Oil and Gas Limited that is generating the most buzz. The company will trade on the exchanges under the ticker VOGL and run its operations under the well-known Cairn brand. Given India's steadily rising appetite for oil and gas, it is being viewed as the group's future growth engine. The company has set itself a target of pushing daily output past the 1.5 lakh barrels per day mark by the financial year 2028-29.
44 Blocks and a 1.4 Billion-Barrel Reserve Base
The foundations of this business are considered solid. It holds a total of 44 oil and gas blocks spread across states including Rajasthan, Gujarat, Andhra Pradesh and Assam. In terms of resources, the company sits on roughly 1.4 billion barrels of oil equivalent, a base that places it among the largest private oil and gas companies in the country.
A Look at the Recent Numbers
That said, the latest financials have shown some softness. In the fourth quarter of the financial year 2025-26, revenue slipped 3 per cent to ₹2,583 crore, while EBITDA fell 12 per cent to ₹1,065 crore. On a full-year basis too, both revenue and profit dipped marginally. Despite this mild pressure, the confidence of analysts and investors remains intact — the view is that, given the company's vast operational base and its planned expansion ahead, there is still room for healthy returns in the coming years.
