Vedanta, led by Anil Agarwal, is set to undergo a significant demerger on April 30, with analysts forecasting a drop in share price to between ₹250-325 from its previous close of ₹774. This demerger will result in shareholders receiving shares in four new entities: Vedanta Aluminium Metal (VAML), Talwandi Sabo Power (TSPL), Malco Energy, and Vedanta Iron and Steel, with each shareholder entitled to one share of each new entity for every Vedanta share held. The special pre-open session will determine the adjusted share price starting at 9:15 AM on April 30, prior to regular trading at 10 AM. Analysts from ICICI Direct and SBI Securities indicate that the fair value of Vedanta's residual base metal business will be around ₹250-290 per share. Post-demerger, Vedanta's market capitalization is expected to be approximately ₹1.14 lakh crore, down from over ₹3 lakh crore currently. The restructuring is seen as a value-unlocking event for long-term investors, as the allocation of net debt and regulatory clearances will influence the final valuation of the demerged entities.