Vedanta Achieves Historic Demerger, Launching Four New Companies on BSE and NSE

Vedanta's Landmark Demerger: A New Era for Indian Industry

On June 24, 2026, Vedanta Group celebrated a momentous milestone in Indian corporate history with the listing of four newly formed companies on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This transformative event marks a significant structural change aimed at enhancing growth and operational efficiency across various sectors.

The newly listed companies are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power. This strategic demerger creates an integrated business model that promises to cater to the growing demands of India's industrial and infrastructural needs.

Independent Ventures with Strategic Focus

Anil Agarwal, the chairman of Vedanta Group, emphasized the historical significance of this event. He recalled how Vedanta made its debut on the London Stock Exchange 24 years ago, eventually becoming a part of the FTSE 100. Today's evolution into independent entities signals a fresh start with dedicated management teams and ambitious growth strategies.

- Vedanta Aluminium (BSE: 544780, NSE: VAML): As one of the largest aluminium producers in India and third globally (excluding China), Vedanta Aluminium aims to double its production capacity to six million tonnes per annum (MTPA). Its flagship plant, located in Odisha, is recognized as the world’s largest single-location aluminium smelter, positioning the company as a leader in the market.

- Vedanta Oil & Gas (BSE: 382914, NSE: VOGL): This company stands as a major private oil and gas player in India, with plans to ramp up its production capabilities to 500,000 barrels per day, further solidifying its position as a vital component in the country's energy sector.

- Vedanta Iron & Steel (BSE: 544784, NSE: VISL): With access to approximately four billion tonnes of iron ore resources, Vedanta Iron & Steel is set to expand its production from 800,000 tonnes per annum to fifteen million, focusing on high-value segments such as electrical steel and eco-friendly steel products.

- Vedanta Power (BSE: 544781, NSE: VEDPOWER): Recognized as the fifth-largest thermal power producer in India, Vedanta Power operates with a current capacity of 4.2 gigawatts (GW) and has set a long-term vision to scale up to 20 GW. The company is also exploring opportunities in nuclear energy, highlighting its commitment to sustainable energy solutions.

Continued Growth and Diversification

Vedanta Limited remains the flagship listed entity within the Group. It controls significant operations in zinc, copper, nickel, and ferroalloys, as well as possessing assets such as the Fujairah Gold refinery, one of the leading precious metal refineries in the Middle East. Furthermore, FACOR is on track to become India's largest producer of special grade ferrochrome.

The combined portfolio of these five companies highlights Vedanta's strategic focus on resources, energy, and minerals crucial to India's economic ambitions. As these companies embark on their journey as independent entities, they are well-positioned to generate long-term value for shareholders while supporting India's rapid economic growth in the coming years.

In conclusion, the demerger of Vedanta Group is not just a corporate restructuring; it marks a new beginning that aims to enhance productivity, foster innovation, and contribute significantly to India's standing on the global stage.