Mumbai, June 15, 2026: Vedanta Group’s four demerged businesses—Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power—commenced trading on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on June 15, marking the completion of the company’s demerger process.
The newly listed companies will operate independently alongside Vedanta Limited, the Group’s existing listed entity, which continues to house businesses including Hindustan Zinc and other critical minerals operations.
The demerger aims to create focused business entities across aluminium, oil and gas, power, and iron and steel sectors, enabling each company to pursue its growth plans independently while catering to India’s evolving industrial and infrastructure requirements.
Mr. Anil Agarwal, Chairman, Vedanta Group, said, "Today is a historic day for Vedanta, and a deeply emotional one for me. 24 years ago, Vedanta became the first Indian company to list on the London Stock Exchange and went on to become a FTSE100 company. The seed we sowed that day has grown into a vast banyan tree, and the saplings nurtured under it are now ready to become giants in key sectors and contribute significantly to India’s rapid growth."
He added, "These companies have been built to serve the nation for generations, create long-term value for shareholders, strengthen India's self-reliance and support its ambition of Viksit Bharat."
Vedanta Aluminium begins operations as India’s largest aluminium producer and the third-largest globally outside China. The company currently has an annual production capacity of 3 million tonnes and plans to expand it to 6 million tonnes over the next three years.
Vedanta Oil & Gas, India’s largest private-sector oil and gas producer, plans to invest approximately US$5 billion over the next three to five years with the aim of increasing production to 500,000 barrels per day.
Vedanta Iron & Steel currently produces around 4 million tonnes of steel annually and has outlined plans to scale capacity to 15 million tonnes per annum. The company intends to focus on segments such as green steel, electrical steel, and specialty steel.
Vedanta Power, which currently operates 4.2 GW of thermal power capacity, has set a target of expanding to 20 GW as India’s energy demand continues to grow.
Meanwhile, Vedanta Limited will continue as the Group’s flagship listed company, with operations spanning zinc, silver, copper, nickel, ferro alloys, and other critical minerals that support manufacturing, infrastructure, and energy transition sectors.
The listings come as India seeks to strengthen domestic production capabilities across strategic resources, energy, and industrial materials to support long-term economic growth.
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