Mumbai: Vedanta Group achieved a major milestone in Indian corporate history on Wednesday with the listing of its four newly demerged companies on the BSE and National Stock Exchange of India.
The historic listing has created a portfolio of focused businesses operating in strategic metals, critical minerals, aluminium, oil and gas, power, and iron and steel sectors. The newly listed companies include Vedanta Aluminium, Vedanta Oil and Gas, Vedanta Iron and Steel and Vedanta Power.
According to the company, the listing marks a historic record for the highest number of stock exchange listings simultaneously across the aluminium, oil and gas, power, and iron and steel sectors. The newly listed entities will begin trading on BSE and NSE alongside the group’s flagship listed company, Vedanta Limited.
The demerger and listing form part of Vedanta’s transformation strategy aimed at unlocking value, increasing business focus and creating sector-leading companies that can contribute to India’s emergence as a global economic and manufacturing powerhouse. Vedanta Limited will continue to be anchored by its globally significant portfolio, including Hindustan Zinc Limited and its critical minerals business.
Addressing the listing ceremony, Anil Agarwal described the occasion as a historic and emotional moment for the group. He recalled that Vedanta became the first Indian company to be listed on the London Stock Exchange 24 years ago and later achieved FTSE-100 status.
He said the newly listed companies are positioned to play an important role in meeting the growing demand for minerals, metals and energy resources driven by artificial intelligence, advanced manufacturing and the global energy transition. He added that India currently imports nearly half of its requirements in these sectors and highlighted the need to strengthen self-reliance in critical resources.
Agarwal stated that the companies have been built with a long-term vision of serving the nation, creating sustainable shareholder value, supporting India’s self-reliance goals and contributing to the vision of a developed India.
Commenting on the evolving global economy, he said the coming decades would be defined by growing demand for minerals, metals and energy, and that Vedanta’s newly listed businesses are well-positioned to support India’s industrial and economic growth.
Speaking at the event, Sundararaman Ramamurthy compared Vedanta’s journey to the mythological Samudra Manthan, saying the company had contributed to the nation’s development by unlocking valuable natural resources from beneath the earth.
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