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Vedanta Group's Revolutionary Corporate Transformation

On June 24, 2026, Vedanta Group achieved a historic milestone by successfully listing four newly demerged companies on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This monumental event not only transforms the company but also reshapes the corporate landscape of India, emphasizing its commitment to industrial growth, infrastructure development, and energy security.

The companies listed are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power. Each of these entities is poised to operate independently with dedicated management teams, aiming for focused capital allocation and ambitious growth plans, thus marking a new chapter in their corporate journeys. The bell-ringing ceremonies at both stock exchanges symbolically emphasized the importance of this corporate transformation.

Vision and goals of the newly formed companies

Vedanta Aluminium (BSE 544780, NSE VAML) starts its independent journey as the largest producer of aluminium in India and the third largest in the world, excluding China. With the world's largest single-location aluminium smelter situated in Odisha, the company harbors ambitious plans to double its capacity to 6 million tonnes per annum (MTPA) and strive to emerge as the world's leading integrated aluminium producer.

Vedanta Oil & Gas (BSE 382914, NSE VOGL) stands atop India's private-sector oil and gas businesses and plays a critical role in the national energy supply. The company aims to enhance its production capacity significantly, with a target of reaching 500,000 barrels per day, reinforcing its status as a vital contributor to India’s energy landscape.

Vedanta Iron & Steel (BSE 544784, NSE VISL) is supported by a wealth of nearly 4 billion tonnes of iron ore resources and around 800,000 tonnes per annum (KTPA) of metallurgical coke capacity. Its growth strategy includes scaling production up to 15 MTPA, with a focus on high-value segments such as electrical steel and green steel products.

Vedanta Power (BSE 544781, NSE VEDPOWER) is now India's fifth-largest thermal power producer, possessing an operational capacity of 4.2 Gigawatts (GW), with a vision to escalate this to 20 GW over the long term. Furthermore, the company is exploring advancements in nuclear energy, recognizing its potential as a sustainable and reliable source of power.

Continued Legacy of Vedanta Limited

Vedanta Limited will remain the flagship entity of the group, anchored by its significant operations in Hindustan Zinc, celebrated as the world’s leading integrated zinc producer and the foremost silver supplier. The company's dynamic portfolio encompasses crucial minerals such as copper, nickel, and ferro alloys that are essential for India’s future industrial development and resource security. Additionally, with its expansion in precious metals through Fujairah Gold—one of the Middle East’s eminent refineries—Vedanta solidifies its position in the global precious metals market.

FACOR, another focal point of the company, is set to become India’s leading producer of special-grade ferro chrome while also developing the capacity to become the country’s sole private-sector player in specific manganese segments.

In conclusion, the formation of these five dynamic entities represents a pivotal moment in India's corporate history, setting the stage for long-term value generation for investors and stakeholders while propelling the nation toward progressive economic growth and self-reliance in various sectors.