Vedanta Share Split: 5 Companies banengi! Debt kam hoga ya masle badhenge?

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AuthorRiya Kapoor|Published at:
Vedanta Share Split: 5 Companies banengi! Debt kam hoga ya masle badhenge?
Overview

Arre suno! Vedanta ne apna ek dum tagda plan bataya hai – apne business ko **5 alag-alag companies** mein todne ka, aur yeh May **2026** tak ho jayega. Main reason? Group ka **debt** kam karna aur har business ka asli value bahar lana. SEBI aur NCLT se approval mil gaya hai, par Petroleum Ministry ne kuch sawaal uthaye hain disclosures par.

Okay, toh yeh 5 companies wala plan kya hai? Asal mein, Anil Agarwal ji ki Vedanta Limited chahti hai ki unka pura conglomerate May 2026 ke beech tak paanch alag-alag publicly listed companies ban jaye. Iska bada fayda yeh hoga ki group ka jo substantial debt hai, woh kam hoga aur har business apne sector mein 'pure-play' hokar zyada focus se kaam kar payega. SEBI aur NCLT se toh mostly approvals mil gaye hain, par abhi bhi kuch bade challenges hain.

Kab tak hoga yeh split? (Timeline Dekho)

Yeh demerger effective ho jayega April 1, 2026 se, aur yeh paanch nayi companies expect hai ki April 1 se May 15, 2026 ke beech list ho jayengi. NCLT ne toh already Scheme of Arrangement ko approve kar diya hai. Jo investors abhi Vedanta Ltd ke shares rakhte hain, unko har share ke badle har nayi bani company ka ek share milega.

Market aur Analysts kya keh rahe hain?

Is move se investors kaafi excited hain, aur pichle saal mein stock 67% se zyada bhaga hai. Analysts bhi mostly is plan ke saath hain, unka kehna hai ki yeh 'Moderate Buy' hai aur average 12-month price target ₹735.50 hai, matlab abhi bhi 13% tak ka upside dikh raha hai. Kuch firms jaise Nuvama ne toh ₹806 ka target bhi diya hai. Unko lagta hai ki yeh split aur company ke projected EBITDA growth se kafi value create hogi.

Sector ki performance aur Vedanta ka advantage

Current time mein India ka metals and mining sector kaafi strong chal raha hai, infra development aur energy transition ki wajah se. Is favourable environment ka fayda Vedanta ko mil raha hai. Aur toh aur, global silver prices mein jo 125% tak ka surge aaya hai, uska seedha fayda Vedanta ko uske Hindustan Zinc mein major stake ki wajah se ho raha hai. Company ki market cap lagbhag ₹2.54 trillion hai.

Lekin tension wali baatein kya hain? (Concerns)

Sab kuch theek nahi hai boss. Vedanta par consolidated debt lagbhag ₹75,186 crore hai March 2025 tak. Yeh demerger debt kam karne ke liye hai, par yeh debt nayi companies mein bant jayega, jisse unki growth par asar pad sakta hai. Sabse badi chinta Ministry of Petroleum and Natural Gas ki taraf se hai. Unhone financial risks, hydrocarbon assets ko galat tarah se dikhane, aur liabilities ki adhoori disclosure ko lekar objections uthaye hain. Yeh sab dikhata hai ki regulatory hurdles aa sakti hain aur transparency ka issue ho sakta hai. Plus, paanch alag-alag listed companies ko manage karna bhi ek bada challenge hoga. Agar ek company ne bhi kharab performance di, toh uska asar doosri companies par bhi pad sakta hai.

Aage kya? (Outlook)

Management toh apne demerger plan par committed hai aur ise 'Vedanta 2.0' ka crucial step maan rahe hain. Unka kehna hai ki 'pure-play' structure se specialised investors aaenge aur company ka structure bhi easy hoga. Jaise April 1, 2026 ka date kareeb aa raha hai, sabki nazar ab yeh dekhne par hogi ki har nayi company kitna independent kaam kar pati hai aur unki financial performance kaisi rehti hai, khaas kar jab petroleum ministry ke disclosure concerns abhi bhi hain.

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