Vedanta Aluminium sets course as an independent entity; listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)

• India’s largest aluminium producer with a vision to increase capacity to 60LTPA
• Growing portfolio of value-added and low-carbon aluminium products
• Contributes ~50% of India’s aluminium production;Customers across60+ countries

Bhubaneswar, 22^ndJune 2026: Vedanta Aluminium Metal Limited(BSE:544780 |NSE:VAML)has officially commenced trading as an independent listed entity on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) from 15^thJune 2026, following the successful completion of Vedanta Group’s historicdemerger, which became effective on 1^stMay 2026.The listing marks a major milestone in the company’s evolution, creating a focused, pure-play aluminium business with enhanced strategic flexibility and stronger long-term growth visibility.

Vedanta Aluminium enters this next phase as India’s largest aluminium producer and one of the world’s leading integrated aluminium companies.The company is also poised to emerge as the largest aluminium producer across the US, Europe, the Middle East, Australia, and Africa. With its vision to double the existing production capacity to 60 lakh tonnes per annum, deep backward integration and structural cost advantages, it is set to achieve among the lowest costs of production globally while upholding the highest standards of quality, serving demand across key global markets and benefiting from long-term tailwinds in infra, automotive, electrification, aerospace and advanced manufacturing.

Commenting on the significance of the demerger,Rajesh Kumar, CEO, Vedanta Aluminium, said, “Becoming an independent listed entity marks a significantmilestone in the evolution of Vedanta Aluminium, accelerating our vision of building the leading metals company dedicated to unlocking the full potential of aluminium, the metal of the future. Our focus is on creating a resilient, technology-driven and cost-efficient business aligned with the needs of a rapidly transforming world. With aluminium at the core of the global energy transition and cutting-edge innovation, we are exceptionallywell positioned to deliver long-term value while contributing to India’s emergence as a manufacturing powerhouse.

Vedanta Aluminium is already positioned within the first quartile of the global aluminium cost curve and is progressing towards first-decile cost competitiveness through deeper backward integration, captive raw material sourcing, operational efficiencies, and scale advantages. The company operates one of the world’s largest alumina refineries at Lanjigarh and one of the world’s largest aluminium smelters at Jharsuguda in Odisha, and India’s iconic aluminium producerBharat Aluminium Company Limited (BALCO)at Korba in Chhattisgarh. Further, it has captive bauxite & coal resources& nearly 4.5 GW of captive power generation capacity, supported by an expanding downstream manufacturing ecosystem.

Vedanta Aluminium currently contributes ~50% of India’s aluminium production and has developed a diverse customer base across 60+ countries worldwide. The company offers one of the largest aluminium product portfolios in the global industry through Vedanta Metal Bazaar, the world’s largest online superstore for primary aluminium, and continues to expand its value-added offerings, including billets, wire rods, primary foundry alloys, rolled products, and aluminium-silicon products catering to electric vehicles, aerospace, defence, renewable energy, and advanced manufacturing sectors. Value-added products are expected to comprise nearly 90% of the portfolio over time.

Vedanta Aluminium continues to strengthen its ESG and sustainability positioning and has been consistently recognised among the top global aluminium companies in the annual S&P Global Corporate Sustainability Assessment (CSA) rankings over the past few years. The company is also expanding its productofferingsunder Restora, India’s first low-carbon aluminium range, amid rising global demand for sustainablealuminium solutions and decarbonised supply chains.Other key sustainability initiatives include increasing renewable energy integration across operations, digitalisation &energy-efficiency programmes, circular economy initiatives, water conservation, biodiversity management, and future recycling opportunities leveraging aluminium’s infinite recyclability.

Vedanta Aluminium is also developing India’s downstream aluminium ecosystem throughthe Vedanta Aluminium Park initiative in partnership with the Odisha government. It will enable MSMEs and downstream manufacturers to establish facilities in close proximity to its plantand benefit fromreliable access to direct ‘hot metal’ supply, thereby reducing logistics costs, remelting losses, and energy consumption, while driving value addition, fostering entrepreneurship, and generating significant regional employment opportunities.

The company also continues to invest in community development initiatives focused on education, healthcare, women’s empowerment, and sustainable livelihood across its operational regions.

The Board leadership overseeing Vedanta Aluminium Metal Limited’s strategic direction include Anil Agarwal – Non-Executive Chairman; Akarsh K. Hebbar – Non-Executive Vice-Chairman; Rajesh Kumar – Whole-Time Director & Chief Executive Officer; Dindayal Jalan – Independent Director; T.K. Chand – Independent Director; and Mona Sharma – Independent Director.

The demerger is aimed atattracting sector-focused investors, creatingfive independentbusinesses aligned with global benchmarks.Vedanta Aluminium as the ‘Metal of the Future’business; Vedanta Oil & Gas as India’s leading private upstream player; Vedanta Iron & Steel as a future-ready steel business; Vedanta Power as one of India’s fastest-scaling energy companies; and Vedanta Limited retaining strong positions in zinc, copper, nickel, and critical minerals.Vedanta Aluminium’s long-term positioning is anchored in its purpose of “Giving Form to the Future”.