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Vedanta Iron & Steel has officially made its stock market debut on the Bombay Stock Exchange (BSE), marking a major milestone in Vedanta Ltd's long-awaited demerger strategy. The newly formed company was listed at around ₹22 per share as part of the group's restructuring plan aimed at creating independent, sector-focused businesses.
The listing concludes Vedanta's mega demerger exercise, under which the conglomerate separated its aluminium, power, oil & gas, and iron & steel businesses into standalone listed entities. The move is designed to unlock shareholder value, improve operational focus, and allow each business to pursue its own growth strategy.Under the approved 1:1 demerger scheme, existing Vedanta shareholders received one share in each of the newly created entities for every Vedanta share held. Market participants are closely monitoring the performance of the demerged companies as investors assess their individual growth prospects and valuations.
Industry experts believe the restructuring could enhance transparency and attract sector-specific investors. For the iron and steel business, the independent listing provides greater flexibility to pursue expansion opportunities and capitalize on growing demand from infrastructure, manufacturing, and industrial sectors.The successful debut of Vedanta Iron & Steel represents a significant development for both the company and India's steel industry, highlighting the increasing focus on value creation through specialized business structures.
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