Vedanta Ltd, led by Anil Agarwal, is gearing up to finalize the demerger of its diverse business operations by the end of September, as confirmed by a senior company executive. Initially, the demerger was postponed to the June-July timeframe, but the company is now confident about meeting its revised deadline. According to Ajay Goel, the Chief Financial Officer, "We are on track to conclude the demerger by the end of the second quarter."

Demerger Plans and Company Structure

The demerger, once approved, will enable Vedanta’s various sectors to operate as independent entities. This strategic move was influenced by discussions with stakeholders and the board of directors.

• Current Business Structure: Vedanta’s operations will be divided into six distinct companies:
  • Vedanta Aluminium
  • Vedanta Oil & Gas
  • Vedanta Power
  • Vedanta Steel and Ferrous Materials
  • Vedanta Base Metals
  • Vedanta Ltd

It’s important to note that the company has chosen to retain its base metal operations within the parent firm, a decision stemming from ongoing consultations with lenders and other stakeholders.

Focus on Copper Operations

The company is also actively exploring options to revive its copper business in Thoothukudi, Tamil Nadu. This segment is crucial to its base metals division, and efforts are underway to find viable pathways for its restart.

Despite holding on to the base metals unit, Vedanta assures that this choice will not diminish its overall value for shareholders. Chairman Anil Agarwal emphasized that the demerger is a significant step towards transforming Vedanta from mere asset managers to genuine asset owners, a shift that encompasses over 15 commodities.

Strong Financial Performance

In a recent financial report, Vedanta Ltd announced an impressive 154.4% surge in consolidated net profit, reaching ₹3,483 crore for the quarter ending March 2025. This remarkable growth can be attributed to reduced production costs and increased output, compared to a profit of ₹1,369 crore during the same period last year.

As Vedanta moves forward with its demerger plans and continues to strengthen its financial performance, the company’s strategic decisions are poised to reshape its future in the mining industry.