Vedanta demerger receives approval from shareholders, creditors The demerger was approved by 99.99% of shareholders, 99.59% of the secured creditors, and 99.95% of unsecured creditors of Vedanta Limited who voted in favour of the demerger, as per the stock exchange filing made by the company. 4 companies will be demerged from Vedanta Ltd and shareholders of Vedanta will get 1 share of 4 newly demerged companies for each share held in Vedanta Ltd on record date. After demerger process Vedanta will have 5 companies 1. Vedanta Ltd. 2. Vedanta Aluminium Ltd. 3. Vedanta Oil & Gas Ltd. 4. Vedanta Power Ltd. 5. Vedanta Steel and Ferrous Materials Ltd.