Company to Finalise Partner This Quarter as it Prepares for Major Structural Overhaul
New Delhi, May 18 – Vedanta Ltd is drawing significant global attention for its ambitious $20-billion expansion plans, with several leading consulting firms expressing keen interest in guiding the project, according to a top company official.The diversified metal and mining conglomerate is set to finalise its consulting partner within the current quarter, marking a crucial step as it gears up to restructure its operations across four key verticals: aluminium, oil and gas, power, and iron and steel.
Global Interest Grows in Vedanta’s Expansion Drive
Vedanta Ltd’s Executive Director, Arun Misra, confirmed that the company has received multiple responses after inviting a global Expression of Interest (EOI). “We are finalising partners over a couple of weeks' time. Post-demerger, we will have multiple listed businesses, and as a group, we will operate akin to a private equity firm,” he stated.Although Misra did not disclose specific names, he indicated that “numerous” top global consulting firms, both from India and overseas, have shown “realistic interest” in the proposal.
$20 Billion Investment Spanning Core Sectors
Vedanta’s $20 billion capex plan covers growth initiatives in metals, mining, and hydrocarbons, building upon its existing operations. The strategic expansion aligns with its broader restructuring efforts aimed at unlocking greater value across its business segments.Demerger to be Completed by September-end
As part of its restructuring strategy, Vedanta plans to complete the demerger of its businesses by the end of September 2025. The company has revised its initial blueprint, choosing to retain its base metal business within the parent entity.Earlier, Chairman Anil Agarwal highlighted that the demerger of its 15+ commodity verticals is intended to transition Vedanta from an asset management firm to a robust asset ownership model. He emphasised that the focus during this phase is to consolidate and fortify the asset base, paving the way for global leadership in each vertical.
Record Profit Boosts Expansion Confidence
Vedanta recently reported a sharp surge in its consolidated net profit, which more than doubled to ₹3,483 crore in Q4 FY25, compared to ₹1,369 crore in the same period last year. The company attributed the rise to lower costs and increased volumes. Total income for the January–March quarter also rose to ₹41,216 crore, up from ₹36,093 crore year-on-year.With structural changes on the horizon and financial performance on the rise, Vedanta is positioning itself as a formidable player in the global resources sector, backed by strategic consulting support and capital investment.