Vedanta Aluminium Metal Ltd

Vedanta Aluminium has launched two new advanced metal offerings, Copper-Doped Alloy and Vedanta Foundry Alloy (VFA), aimed at enhancing the automotive sector. These alloys are designed to create lighter, safer, and more efficient vehicles, supporting the industry's evolution towards next-generation mobility. The launch occurred at Vedanta Aluminium's AutoEdge 2026 conclave. The company is also expanding its primary billet production capacity to 1.25 million tonnes per annum and aims to increase value-added products to 90% of its portfolio. These innovations align with India's 'Make in India' and 'Aatmanirbhar Bharat' initiatives, boosting domestic sourcing and reducing import dependency.

Vedanta Aluminium Metal Ltd's subsidiary, Bharat Aluminium Company Limited (BALCO), has been declared the 'Preferred Bidder' for the Karlapat Bauxite Block in Odisha. This follows BALCO's participation in an e-auction process initiated by the Directorate of Mines and Geology, Government of Odisha. The Karlapat Bauxite Block is at G2 level of exploration, covers 1,822.61 hectares, and has estimated mineral reserves of approximately 248 Million Tonnes. This acquisition is strategically important for the company's backward integration plans.

Vedanta Aluminium Metal Ltd has responded to a news item published on Moneycontrol regarding a potential Rs. 13,500 crore fundraising from Axis, HDFC, and ICICI Bank post-demerger. The company clarified that it continuously evaluates financing opportunities in the ordinary course of business. Vedanta Aluminium stated that any material event requiring disclosure would be duly informed to the stock exchanges as per SEBI Listing Regulations. The company also confirmed the absence of any undisclosed unpublished price sensitive information (UPSI) that could explain stock price or volume movements. Vedanta remains committed to corporate governance and disclosure standards.

Vedanta Aluminium Metal Limited has officially changed its Corporate Identification Number (CIN) from U24202MH2023PLC411663 to L24202MH2023PLC411663, following its listing on stock exchanges effective June 15, 2026. This change, approved by the Registrar of Companies, also updates the company's status on the Ministry of Corporate Affairs (MCA) portal from 'Unlisted' to 'Listed'. The company's website and MCA records now reflect this updated status. The filing provides details of the company's registered address, incorporation date, authorized and paid-up capital, and other corporate information.

Vedanta Aluminium Metal Ltd has issued a correction regarding its earlier filing dated July 30, 2026. The company clarified the execution of definitive agreements with Serentica Renewable India 9 Private Limited (SRI9PL) for integrating a Battery Energy Storage System (BESS). The revised capacity for the BESS is between 142.5-150 MW, with 90-95% assured supply, utilizing the existing 600 MW Solar Power Delivery Agreement (PDA). This correction amends the annexure to the previous letter, and the company apologizes for the inadvertent error.

Vedanta Aluminium Metal Ltd announced its unaudited financial results for the first quarter ended June 30, 2026, marking a strong debut as an independent entity. The company reported a record revenue of ₹21,105 crore, a 45% year-on-year increase. EBITDA surged 134% YoY to ₹10,499 crore, with an improved margin of 50%. Net profit for the quarter was ₹6,597 crore, up 205% YoY. Aluminium production reached an all-time high of 632 KT. The Board also approved a maiden interim dividend of ₹8 per share. The company's Net Debt to EBITDA improved to 0.9x, and it received a credit rating upgrade to AA+ (Stable).

Vedanta Aluminium Metal Limited (VAML) Board has approved the integration of a 150 MW Battery Energy Storage System (BESS) with its existing 600 MW solar power agreement to enable Round-The-Clock (RTC) renewable power supply. VAML will invest INR 165 Crore for a 26% stake in the Special Purpose Vehicle (SPV) with Serentica Renewable India 9 Private Limited (SRI9PL). The project, developed on a BOOM basis, aims to enhance renewable energy transition and decarbonization. The SPV will be funded 70:30 debt-to-equity and is expected to deliver power within 12 months of PDA signing, with a 25-year power supply agreement.

Vedanta Aluminium Metal Limited (VAML) announced its Board of Directors has approved a first interim dividend of ₹8 per equity share for FY2026-27, amounting to approximately ₹3,128.55 Crores. The record date for this dividend is August 5, 2026. Additionally, the Board approved the formulation and implementation of the Vedanta Aluminium Metal Limited - Employee Stock Option Plan 2026 (VAML ESOP 2026) and Vedanta Aluminium Metal Limited – Employee Share Purchase Plan 2026 (VAML ESPP 2026). These plans, subject to shareholder approval, allow for granting options to eligible employees for up to 5% of the company's total paid-up share capital, to be implemented via a trust acquiring shares from the open market.

Vedanta Aluminium Metal Ltd's Board of Directors has approved a first interim dividend of ₹8 per equity share for FY2026-27, amounting to approximately ₹3,128.55 Crores. The record date for this dividend is August 5, 2026. Additionally, the Board has approved the formulation and implementation of the Vedanta Aluminium Metal Limited - Employee Stock Option Plan 2026 (VAML ESOP 2026) and the Vedanta Aluminium Metal Limited – Employee Share Purchase Plan 2026 (VAML ESPP 2026). These plans, subject to shareholder approval, allow for the granting of options and shares to eligible employees, covering up to 5% of the company's total paid-up share capital. The ESOP 2026 will be implemented via a trust acquiring shares through secondary acquisition.

Vedanta Aluminium Metal Limited's Board of Directors has approved a first interim dividend of ₹8 per equity share for FY2026-27, amounting to approximately ₹3,128.55 Crores. The record date for this dividend is August 5, 2026. Additionally, the Board approved the formulation and implementation of the Vedanta Aluminium Metal Limited - Employee Stock Option Plan 2026 (VAML ESOP 2026) and the Vedanta Aluminium Metal Limited – Employee Share Purchase Plan 2026 (VAML ESPP 2026). These plans, subject to shareholder approval, allow for granting options to eligible employees for up to 5% of the company's total paid-up share capital, to be implemented through a trust acquiring shares via secondary acquisition.