Vedanta Limited is moving forward with its demerger plan, which will result in the creation of four independent entities: Vedanta Aluminium Metal Limited (VAML), Talwandi Sabo Power Ltd (TSPL), Malco Energy Ltd (MEL), and Vedanta Iron and Steel Limited (VISL). CEO Deshnee Naidoo stated that the company will file for listing approval next week, aiming for the shares to commence trading by mid-June 2024. The effective date for this demerger is set for May 1, 2024, with shareholders receiving one share in each of the new entities for every share they hold in Vedanta. Analysts predict that the demerged shares will open at around ₹300 each, with the residual Vedanta Limited expected to trade between ₹300 and ₹325 due to its significant stake in Hindustan Zinc and other ventures. A price discovery session is scheduled for April 30, marking a significant moment for the company's future in the market.