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Vedanta's Transformational Journey: The Launch of Four New Companies

In a groundbreaking development for Indian businesses, the Vedanta Group has successfully completed a historic corporate split, marking a significant milestone in the company's illustrious journey. On June 25, 2026, the group celebrated the stock market debut of four newly formed companies on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This transformation is aimed at fostering specialization, enhancing industrial growth, and contributing to energy security and infrastructure development in India.

Key Highlights of the Split

The four newly listed entities, namely Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power, signify a strategic shift towards creating focused businesses that can respond more effectively to market demands. The launch of these companies was commemorated with bell-ringing ceremonies, showcasing the culmination of one of the most significant corporate transformations in India's economic landscape.

Anil Agarwal, the Chairman of Vedanta Group, noted the remarkable journey of the company, stating, “Twenty-four years ago, Vedanta became the first Indian company listed on the London Stock Exchange, eventually joining the prestigious FTSE 100 index. Today, these independent entities are commencing a new chapter with dedicated management teams, targeted capital allocation frameworks, and ambitious growth strategies.”

Each Entity's Vision and Goals

1. Vedanta Aluminium (BSE: 544780, NSE: VAML): As the leading aluminium producer in India and the third-largest outside China, this company initiates its independent journey with ambitious goals. The world's largest single-site aluminium smelter, located in Odisha, aims to double its production capacity to 6 million tones per annum (MTPA), paving the way to become the largest integrated aluminium producer globally.

2. Vedanta Oil & Gas (BSE: 382914, NSE: VOGL): Positioned as a key player in India's private oil and gas sector, Vedanta Oil & Gas has set its sights on increasing output to 500,000 barrels per day in the long term. This company remains crucial for India's energy production landscape.

3. Vedanta Iron & Steel (BSE: 544784, NSE: VISL): With a rich resource base of almost 4 billion tonnes of iron ore and a production capacity of approximately 800 KTPA of metallurgical coke, Vedanta Iron & Steel plans to enhance its capacity to 15 MTPA. The focus will lie on high-value segments, including electrical steel and sustainable steel products.

4. Vedanta Power (BSE: 544781, NSE: VEDPOWER): As the fifth-largest thermal power producer in India, Vedanta Power operates a capacity of 4.2 GW with long-term aspirations of reaching 20 GW. The company is also exploring opportunities in nuclear energy, recognizing its potential as a reliable and clean power source, available around the clock.

Continued Commitment of Vedanta Limited

Vedanta Limited remains the parent entity, housing Hindustan Zinc, the world’s largest integrated zinc producer, and one of the leading silver producers. Their diverse command of essential minerals such as copper, nickel, and ferro-alloys reinforces India’s supply chain and resource security. The portfolio also includes Fujairah Gold, a key player in the Middle Eastern precious metal refining market, further establishing Vedanta's global market presence.

Additionally, FACOR is positioned to become India’s largest producer of special-grade ferrochrome and is set to be the sole private producer in specific manganese segments.

Conclusion: A Strategic Move for Long-term Value

Through this strategic restructuring, Vedanta and its new venture entities are well-positioned to create long-term value for investors and stakeholders. By concentrating on core competencies within key resource sectors, these companies are poised to support India's rapid economic growth, reflecting a commitment to sustainable development and innovation. As Vedanta embarks on this transformative journey, the potential for significant contributions to India’s industrial landscape is indeed promising.