Mumbai, June 17, 2026 (Udaipur Kiran): Mining and natural resources major Vedanta Group has achieved a significant milestone in Indian corporate history with the stock market listing of four newly demerged companies on BSE and NSE. The move marks one of the largest simultaneous listings in sectors including aluminium, oil and gas, power, and iron and steel.
The newly listed companies—Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power—have commenced trading alongside the group’s flagship listed entity, Vedanta Limited.
The company said the demerger is aimed at unlocking shareholder value, creating focused sector-specific businesses and supporting India’s long-term industrial and economic growth ambitions. The newly independent businesses are expected to play a key role in strategic metals, critical minerals, energy security, infrastructure development and manufacturing.
Addressing the listing ceremony, Anil Agarwal, Chairman of Vedanta Group, described the occasion as a historic and emotional moment. He recalled that Vedanta became the first Indian company to be listed on the London Stock Exchange 24 years ago and later entered the FTSE-100 index.
Agarwal said the group’s next phase of growth would be driven by rising demand for minerals, metals and energy, fuelled by artificial intelligence, advanced manufacturing and the global energy transition. He noted that India currently imports nearly half of its requirements in several critical sectors and stressed the importance of building domestic capabilities.
According to the company, the four businesses have ambitious expansion plans:
- Vedanta Aluminium aims to increase production capacity from 3 million tonnes to 6 million tonnes annually over the next three years and become one of the world’s largest integrated aluminium producers.
- Vedanta Oil & Gas, India’s largest private-sector oil and gas producer, plans to invest around $5 billion over the next three to five years and raise production to 500,000 barrels per day.
- Vedanta Iron & Steel intends to expand its steel-making capacity from around 4 million tonnes to 15 million tonnes annually, focusing on high-value segments such as green steel and specialty steel.
- Vedanta Power, currently among India’s largest thermal power producers with 4.2 GW operational capacity, plans to scale up to 20 GW and is also evaluating opportunities in nuclear energy.
During the event, Sundararaman Ramamurthy, Managing Director and CEO of BSE, compared Vedanta’s journey to the mythological Samudra Manthan, saying the company had successfully unlocked valuable natural resources that contribute to India’s development.
Similarly, Ashish Kumar Chauhan, Managing Director and CEO of NSE, welcomed the newly listed companies and expressed confidence that they would create long-term value for investors while contributing to India’s economic growth.
Vedanta said its flagship entity, Vedanta Limited, will continue to serve as the group’s critical minerals platform, supported by assets including Hindustan Zinc Limited, one of the world’s largest integrated zinc producers and a major silver producer.
The group believes the restructuring will strengthen its ability to support India’s ambitions in energy security, infrastructure development, advanced manufacturing, electric mobility and strategic mineral self-reliance.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
