New era for Vedanta as four spun-off firms hit Indian exchanges

Vedanta Group has split its conglomerate by listing four independent entities on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power.

Vedanta Ltd remains the flagship natural resources unit. This strategic move creates focused sector leaders to harness India’s rising industrial demand for metals and energy.

During the listing ceremonies, Chairman Anil Agarwal said that these businesses are now independent to capitalize on global transitions such as AI and green technologies.

The individual units hold massive scales. The aluminum branch operates as India’s largest producer with expansion plans. The oil business aims for 500,000 barrels per day, and the steel segment holds 4 billion tons of iron ore resources. Additionally, the power arm plans expansion to 20 GW.