Vedanta approved May 1, 2026 as record and effective date for demerger. Shareholders will receive shares in Vedanta Aluminium Metal Limited (VAML), Talwandi Sabo Power Limited (TSPL), Malco Energy Limited (MEL), Vedanta Iron and Steel Limited (VISL). The company has aligned both the record date and the effective date to streamline the transition process and reduce uncertainty around timelines.