Vedanta Acquisitions: every company it has bought
Vedanta grew through government privatisations and big acquisitions, including BALCO, Hindustan Zinc and Cairn India in 2011 1011.
Founded1976, Mumbai (then Bombay)
StatusListed
Listed onBSE, NSE (Vedanta Limited): VEDL (NSE), 500295 (BSE)
Major Vedanta deals
| Deal | Year | Details |
|---|---|---|
| BALCO | 2001 | Majority stake from the government 10 |
| Hindustan Zinc | 2002-2003 | 26% plus control from the government; 64.92% by 2003 11 |
| Sesa Goa | 2007 | 51% of the iron ore miner 10 |
| Anglo American zinc assets | 2010 | Became Zinc International 10 |
| Cairn India | 2011 | 58.5% 10 |
| Electrosteel Steels | 2018 | 90% 10 |
| Konkola Copper Mines (Zambia) | 2024 | Control regained after paying $246 million 30 |
| Jaiprakash Associates | 2025-2026 | Bid lost to Adani 31 |
Jaiprakash Associates
In the insolvency of Jaiprakash Associates, Vedanta bid ₹12,505.85 crore on a net present value basis, against Adani's ₹14,543 crore. On 6 April 2026 the Supreme Court declined to interfere with orders approving Adani's plan 31.
Selling down Hindustan Zinc
Vedanta has sold small stakes in Hindustan Zinc to raise money. It sold 1.59% in an offer for sale in January 2026 9.
The demerger
The biggest recent change was structural rather than a purchase: the 2026 demerger created four new listed companies 4. On listing day Vedanta Aluminium Metal opened at ₹527 and Vedanta Oil and Gas at ₹39 14.
Ventures that did not go ahead
Foxconn left its planned $19.5 billion semiconductor joint venture with Vedanta in July 2023 13.
Frequently asked questions
In 2011, when it took 58.5% of the company.
No. Its bid of ₹12,505.85 crore lost to Adani's ₹14,543 crore, and the Supreme Court declined to interfere in April 2026.
Sources✓ Verified 5 Nov 2026
1 Forbes, Anil Agarwal & family (Real-Time Billionaires), 5 Nov 2026, family holdings
2 Wikipedia, Anil Agarwal (industrialist), 5 Nov 2026, founder
3 BSE, Notice 20260611-17: Listing of equity shares of Vedanta Aluminium Metal Limited, 11 Jun 2026, listing
4 Business Standard, Vedanta's demerged entities debut on bourses, 15 Jun 2026, demerged entities listing
5 Business Standard, Who is Viceroy Research? The short-seller targeting Vedanta's parent, 9 Jul 2025, Viceroy background
6 Trendlyne, Vedanta Ltd shareholding pattern, 5 Nov 2026, shareholding Sep 2026
7 FilingReader, Vedanta Resources subsidiaries encumber 54.7% stake for $1.75bn bond issuance, 16 Jul 2026, encumbrance
8 Angel One, Vedanta share price falls after promoter Twin Star sells 1.8 percent stake worth Rs 1,896 crore, 24 Jun 2026, promoter sale
9 Business Today, Hindustan Zinc OFS: Vedanta to offload 1.59% stake, 28 Jan 2026, Hindustan Zinc OFS
10 Wikipedia, Vedanta Resources, 5 Nov 2026, history
11 Wikipedia, Hindustan Zinc, 5 Nov 2026, Hindustan Zinc history
12 Business Standard, SC dismisses Vedanta's plea against closure of Sterlite copper unit in TN, 29 Feb 2024, Tuticorin ruling
13 Business Today, Vedanta shares in focus as Foxconn pulls out of $19.5 billion JV, 11 Jul 2023, Foxconn exit
14 Bajaj Broking, Vedanta demerger complete: aluminium lists at ₹527, 15 Jun 2026, demerger, listing prices
15 Upstox, Vedanta Q2 FY27 result: net profit drops 33% QoQ, 28 Oct 2026, Q2 FY27
16 Outlook Business, Vedanta Q1 profit rises 72% to ₹5,473 crore; Arun Misra named CEO, 30 Jul 2026, Q1 FY27, CEO, CFO
17 Blinkx, Vedanta Ltd board of directors, 5 Nov 2026, board
18 People Matters, Vedanta Resources appoints Deshnee Naidoo as CEO, 29 Jan 2025, Vedanta Resources CEO
19 Hindustan Zinc, Board of directors, 5 Nov 2026, Hindustan Zinc board
20 Angel One, Vedanta names CEO of aluminium division for three-year term, 27 Mar 2025, aluminium CEO
21 Vedanta Aluminium, Vedanta Aluminium delivers strong debut, 30 Jul 2026, Vedanta Aluminium Q1
22 Angel One, Vedanta share price gains after Q4 FY26 earnings: PAT jumps 89% YoY, 29 Apr 2026, FY26 results, production
23 AlCircle, Decoding Vedanta's FY26, 26 May 2026, FY26 operations
24 AlCircle, Vedanta chairman Anil Agarwal's letter to shareholders, 6 May 2026, chairman's letter
25 Kotak Neo, Vedanta Q2 FY27 results, 28 Oct 2026, Q2 FY27 segments
26 Hindalco, Hindalco results Q4 FY26, 22 May 2026, Hindalco FY26
27 The Machine Maker, NALCO achieves record-breaking performance in FY26, 4 Apr 2026, NALCO FY26
28 S&P Global, India's ONGC sees modest output growth, 6 Aug 2026, ONGC FY26
29 Glencore, Full year 2025 production report, 29 Jan 2026, Glencore zinc
30 Engineering News, Vedanta gets back Zambia copper mines after paying $246m, 19 Jul 2024, Konkola
31 NewsBytes, Adani's ₹14,500cr Jaiprakash Associates bid clears Supreme Court hurdle, 6 Apr 2026, Jaiprakash Associates bid
32 Vedanta, Press release, Q4 FY25, 30 Apr 2025, FY24, FY25 results
33 Upstox, Vedanta Aluminium to Vedanta Oil and Gas: how demerged firms performed in Q1, 1 Aug 2026, demerged companies Q1
34 BondBlox, Vedanta upgraded to Ba3 by Moody's, 6 May 2026, Moody's upgrade, debt
35 Arthneeti, Vedanta Ltd press release, 28 October 2026, 29 Oct 2026, ICRA, CRISIL ratings
36 Business Standard, Vedanta stock tanks as Viceroy Research shorts parent's debt, 9 Jul 2025, Viceroy report, response
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