New Delhi: Vedanta Limited will complete its long-awaited corporate demerger by March 2026, paving the way for the creation of five independent, sector-focused listed companies, Chairman Anil Agarwal has said.
The restructuring, aimed at simplifying Vedanta’s corporate structure and unlocking value across its diverse businesses, will see the conglomerate split into standalone entities covering aluminium, oil and gas, power, steel and base metals.
Speaking to PTI-Bhasha, Agarwal said the demerger is designed to “unlock the full potential of Vedanta’s varied operations” spanning mining, metals, energy and natural resources. He said the move will allow each business vertical to pursue sector-specific growth strategies, improve operational efficiency and attract focused investment.
“Once separated, each of the new companies will have the potential to grow as large as the parent entity,” Agarwal said, underlining the group’s long-term vision of building globally competitive, pure-play resource companies.
#CNBCTV18Exclusive | Anil Agarwal, Chairman Of Vedanta On Vedanta Demerger
– Grateful to the NCLT, judiciary, and the government for approving the #demerger
– Expect #demerger to be complete by March-April, 2026 & all entities to be listed by April 2026Catch The Exclusive… pic.twitter.com/NUFHh5J5QI
— CNBC-TV18 (@CNBCTV18News) December 17, 2025
Agarwal also addressed concerns around leverage, noting that Vedanta’s existing debt — estimated at around ₹48,000 crore — will be distributed among the new entities based on their respective cash flows. This, he said, will ensure balanced capital structures and financial stability following the restructuring.
The demerger follows key regulatory approvals, including clearance from the National Company Law Tribunal, and is subject to final statutory and shareholder nods.
Industry analysts believe the move will enhance transparency, governance and capital allocation, while enabling investors to better assess and value individual businesses. Sector-focused companies are also expected to respond more swiftly to global commodity cycles and changing market conditions.
First announced in 2023, the Vedanta demerger is being viewed as one of the most significant corporate restructurings in India’s mining and natural resources sector, with the potential to strengthen the group’s global standing and drive sustainable, long-term value for shareholders.
