Vedanta Limited has informed the Exchange about Chairman s Speech at the 60th Annual General Meeting of the Company.
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At Vedanta's 60th AGM on July 10, 2025, Chairman Anil Agarwal highlighted FY25 as a landmark year with record revenue of about ₹1.5 lakh crore and second-highest EBITDA of over ₹40,000 crore, making Vedanta the top wealth creator among NIFTY 100 firms with 87% total shareholder returns. He outlined major expansion plans including a ₹12,000 crore new integrated zinc smelter (2x growth vision), doubling oil & gas production to 3 lakh barrels/day with 7 new OALP blocks secured by Cairn, aluminium capacity expansion to 31 lakh tonnes plus a planned 30 lakh tonne greenfield smelter, and 10 new critical mineral block wins. He confirmed the demerger has received over 99.5% approval from shareholders and creditors, with shareholders set to receive one share each in 4 demerged entities. The Chairman also flagged plans to partner with 1,000 deep-tech startups and noted Vedanta paid ₹4.5 lakh crore in taxes over the last 10 years.
The speech reinforces a strong growth and value-unlock narrative for shareholders, combining record FY25 performance, clear expansion pipeline across zinc, aluminium, oil & gas, and critical minerals, plus imminent demerger into 4 pure-play entities. This is broadly positive for sentiment, though execution of large capex and timely demerger approvals remain key things to watch.