Vedanta Limited shares jumped more than 3% to hit a record high near ₹795 after the board set May 1, 2026 as the record date for its massive five-way 1:1 demerger. Investors are betting the corporate split will unlock value by turning the conglomerate into multiple pure-play listed firms, boosting optimism around future growth.
Tata Motors is gearing up for a larger global footprint following its successful FY26 performance and business split. The company plans to align its passenger vehicle operations with Jaguar Land Rover to unlock efficiencies. Backed by strong domestic demand across passenger and commercial vehicles, Tata Motors is also exploring a potential acquisition of Iveco to expand its global commercial vehicle presence.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Lux Industries’ shares fell more than 7% after its board approved a business demerger that will split the company into three verticals. The restructuring is tied to a promoter family settlement, and management control under the Todi family will be realigned across the new entities. Two of the verticals are expected to be listed separately, reshaping the small-cap’s future.
Vedanta’s demerger plan is running into new hurdles as the deadline nears, putting pressure on Anil Agarwal’s team. The split is seen as critical to tackling debt and governance concerns while unlocking shareholder value. With the clock ticking, the Agarwals will need to push through the latest obstacles to keep the plan on track.
Diageo’s plan to fully exit RCB is being compared with India Cements’ slower CSK demerger approach, as both moves shape how much value shareholders ultimately capture. With RCB reportedly valued at about USD 2 billion, investors are watching whether United Spirits’ strategy will mirror the “stake-for-shareholders” playbook or follow Diageo’s faster exit logic.
Swipe through stories, personalise your feed, and save articles for later — all on the app.