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Vedanta Splits Into Five Independent Entities in Landmark India Listing

Four new Vedanta subsidiaries hit the boards of the Bombay and National Stock Exchanges today, capping a massive corporate restructuring. Chairman Anil Agarwal says the move transforms the group into a collection of specialized firms, each with its own management team and capital allocation strategy tailored for India’s industrial growth.

Vedanta Splits Into Five Independent Entities in Landmark India Listing
Photo: Bio & News

The demerger creates distinct entities—Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power—alongside the existing flagship, Vedanta Limited. This shift separates the conglomerate's diverse assets into focused businesses designed to sharpen operational clarity. Vedanta Aluminium, already the world’s third-largest producer outside of China, aims to double its capacity to 6 MTPA. Meanwhile, the energy division, Vedanta Oil & Gas, has set a production target of 500,000 barrels per day to bolster the country’s energy security.

Industrial ambitions extend to the steel and power sectors as well. Vedanta Iron & Steel is leveraging its 4 billion tonnes of iron ore resources to scale up to 15 MTPA, targeting high-value markets like electrical and green steel. On the utility front, Vedanta Power plans to expand its current 4.2 GW capacity to 20 GW, with a strategic eye on entering the nuclear energy sector. The flagship Vedanta Limited remains the anchor for the group, maintaining its dominance in zinc and silver production through Hindustan Zinc while continuing to manage a broad portfolio of strategic minerals and precious metals.

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