By NE NOW NEWS
Guwahati: Vedanta Oil and Gas Limited (BSE: 544782 | NSE: VOGL) was listed on the BSE Limited and National Stock Exchange of India (NSE) on June 16, 2026, following the Vedanta demerger. The listing creates an independent, listed private-sector upstream oil and gas company in India.
The listing follows approvals from the National Stock Exchange of India Limited and BSE Limited for the trading of its equity shares.
The listing ceremony was held at the BSE in Mumbai, where Vedanta Group Chairman and Founder Anil Agarwal rang the ceremonial bell along with Priya Aggarwal Hebbar, Navin Aggarwal, Akarsh Hebbar, and Jim Gast, Interim Chief Executive Officer of Vedanta Oil and Gas.
Speaking at the ceremony, Chairman Anil Agarwal said, “Our aim is to scale production, beginning with 500,000 barrels, supported by a cost-efficient operating model and a favourable policy environment that enables long-term growth. We must be at the forefront of strengthening India’s energy self-sufficiency. Tomorrow’s economy, with AI at the forefront, is going to be highly minerals- and oil-and-gas-intensive, and these are the sectors we operate in.”
A total of 391.03 crore equity shares of face value Rs 1 each were admitted to trading following the demerger of Vedanta Limited’s oil and gas business.
The demerger creates independent, sector-focused companies with separate management structures and growth strategies.
Under the scheme, eligible shareholders of Vedanta Limited received one share of Vedanta Oil and Gas along with shares of three other listed Vedanta companies for each share held.
The company said the demerger will allow the oil and gas business to pursue expansion and increase domestic hydrocarbon production. Vedanta Oil and Gas operates under the brand “Cairn” and manages 44 onshore and offshore blocks across 47,000 sq km in Rajasthan, the East and West Coast, and Northeast India.
The company began trading with a shareholding structure of 56.38% promoter holding and 43.46% public holding, with participation from over 21.78 lakh shareholders.
Officials said the listing comes at a time of rising energy demand in India, driven by economic growth and the need for higher domestic production.