Shares of Vedanta Ltd experienced a dramatic decline of 65% on April 30, closing at ₹502.1 on the National Stock Exchange (NSE). This drop is attributed to a technical adjustment following the company's demerger, which allows shareholders to receive one share in each of the newly formed entities for every share they hold in Vedanta. The demerger has led to the creation of four independent companies: Vedanta Aluminium Metal Ltd, Talwandi Sabo Power Ltd, Malco Energy Ltd, and Vedanta Iron and Steel Ltd. Although the stock price appears to have fallen significantly, the overall value for shareholders remains intact as they will own shares in multiple companies, collectively valued at approximately ₹820 per share according to brokerage estimates. The adjusted share price of Vedanta is anticipated to stabilize around ₹300-325. The new entities are expected to be listed by mid-June 2026, allowing investors to realize the full value of their holdings across all companies.