Who Owns Vedanta? shareholders, promoters and parent
Reviewed by the editorial team · Updated 5 Nov 2026 · Last verified 5 Nov 2026 · 1 min read
Quick answer
Vedanta is controlled by Anil Agarwal's family through Volcan Investments and Vedanta Resources. The promoter group held 54.72% of Vedanta Limited in September 2026 610.
Founded1976, Mumbai (then Bombay)
StatusListed
Listed onBSE, NSE (Vedanta Limited): VEDL (NSE), 500295 (BSE)
Who owns Vedanta?
Vedanta has two layers. At the top, Vedanta Resources, based in London and delisted since 2018, is controlled by Anil Agarwal's family through Volcan Investments 10. Vedanta Resources in turn controls India-listed Vedanta Limited through subsidiaries such as Twin Star Holdings 8.
In June 2026 promoter Twin Star Holdings sold about 1.8% of Vedanta Limited, worth about ₹1,896 crore 8.
Pledges and encumbrance
Exchange data show no formal pledge of promoter shares 6. However, in July 2026 Vedanta Resources' subsidiaries recorded an encumbrance on their 54.7% stake in connection with a $1.75 billion bond issue 7.
Hindustan Zinc
Vedanta Limited's most valuable holding is Hindustan Zinc. It held 61.8% at the end of December 2025 and sold 1.59% in an offer for sale in January 2026; the Government of India holds 27.92% 9. Wikipedia's older figure of 64.92% is out of date 11.
Vedanta Resources
Wikipedia says Volcan Investments holds 61.7% of Vedanta Resources, while another Wikipedia entry describes Volcan as owning it outright 102. Forbes lists the Agarwal family's shares in Vedanta Limited and the four companies demerged from it 1.
Frequently asked questions
54.72% in the September 2026 quarter.
About 60%. It held 61.8% in December 2025 and sold 1.59% in January 2026.
