Vedanta Oil & Gas plans to invest about $5 billion over the next three to five years to scale production to 5 lakh barrels per day at globally competitive costs | Photo Credit: REUTERS

The Vedanta Group company stocks faced selling pressure after the fresh listing of four demerged business on the stock exchanges.

The shares end below their opening price, with Vedanta Aluminium Metal, Vedanta Oil and Gas and Vedanta Iron and Steel plunged 5 per cent each to ₹501, ₹37 and ₹21, respectively, while Vedanta Power was down one per cent at ₹41. The parent holding company Vedanta dipped two per cent to ₹303.

Netra Deshpande, Research Analyst, Mirae Asset ShareKhan said all four stocks will be transacted in the trade-to-trade segment which requires compulsory delivery on every order during the initial 10 sessions.

Vedanta and Vedanta Aluminium are expected to retain their large-cap status as a result of their higher DII participation post-listing, whereas Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel are likely to be classified as small-caps, she added.

Earlier, Anil Agarwal, Chairman, Vedanta emphasised the company’s commitment to shareholders regarding dividend payments.

He stated that the company is very conscious about its dividend payments and aims to remain a dividend-paying company while simultaneously creating long-term value, he added on the occasion of listing ceremony of demerged entities.

Vedanta Aluminium will be third-largest aluminium producer globally outside China. It has an aluminium smelter at Jharsuguda, Odisha with production capacity of 30 lakh tonne per annum. The company is one of the world’s largest and lowest - cost aluminium producers. It plans to double capacity to 60 lakh tonnes per annum over the next three years, with a clear ambition to become the world’s largest and lowest-cost, fully integrated aluminium producer.

With a debt-free balance sheet, Vedanta Oil & Gas plans to invest about $5 billion over the next three to five years to scale production to 5 lakh barrels per day at globally competitive costs. Its growth portfolio spans tight oil, shale gas, shallow-water and deep-water assets, satellite fields as well as significant acreage in Assam and the North-East — the region where Asia’s first oil well was drilled.

Vedanta Iron & Steel plans to increase its capacity to 15 mtpa from about 4 mtpa. It enjoys a unique competitive advantage through security of three critical inputs: nearly 4 billion tonnes of iron ore resources in Goa, Odisha and Karnataka. The integrated advantages position the company strongly to participate in India’s rapidly growing steel demand.

Vedanta Power is the fifth-largest thermal power producer with 4.2 GW of operational capacity supported by long-term power purchase agreements and secure coal mines, Vedanta Power has a clear roadmap to scale to 20 GW and become one of the country’s leading power producers. Most of this growth will come through brownfield expansion, leveraging existing infrastructure and operational advantages.

Published on June 15, 2026