Tuesday, June 17, 2025 | 12:45 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch
Who is Anil Agarwal

Anil Agarwal

About Anil Agarwal

Who is Anil Agarwal

Anil Agarwal is the chairman of Vedanta Resources Plc, a company he founded in 1976. The company started as a cable manufacturer and went on to be listed in the London Stock Exchange in 2003. Agarwal, however, took the company private on October, 2019. 
Agarwal controls Vedanta through Volcan Investments, a holding vehicle with a 100 per cent stake in the business.
 
Agarwal's journey from a scrap dealer to a tycoon
 
Born in 1954 in Patna, Agarwal rose from running a tiny scrap metal business four decades back to becoming one of the
...
Read More

Latest Updates on Anil Agarwal

Vedanta Chairman Agarwal calls for safeguard duty on aluminium imports

Vedanta Chairman Anil Agarwal urged the government to impose a safeguard duty on aluminium imports, citing the metal's strategic role and rising global trade tensions

Image
Updated On : 20 May 2025 | 9:06 PM IST

Vedanta Q4 results: Consolidated net profit rises by 154% to ₹3,483 cr

The mining major's net sales jumped by 13.9 per cent to Rs 40,455 crore in the January-March quarter on a year-on-year basis (YoY)

Image
Updated On : 30 Apr 2025 | 10:44 PM IST

Newly demerged Vedanta cos could grow into $100 bn each: Agarwal

According to Vedanta's demerger scheme, every Vedanta shareholder will receive 1 additional share in each of the 4 newly demerged companies on the completion of the demerger process

Image
Updated On : 17 Mar 2025 | 11:05 PM IST

Vedanta promoters to retain over 50% stake in all demerged entities

Vedanta Resources Chairman Anil Agarwal says promoters will retain over 50% stake in each demerged entity; debt reduction to $3 billion targeted by FY27 without stake dilution

Image
Updated On : 13 Mar 2025 | 11:24 AM IST

Goldman Sachs Asset exits Sterlite Tech, sells 2.13% stake for Rs 84 crore

Goldman Sachs Asset Management through its affiliate Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold 10.3 million shares, amounting to a 2.13 per cent stake in Sterlite Technologies

Image
Updated On : 05 Mar 2025 | 10:32 PM IST

Vedanta declared preferred bidder for diamond block in Madhya Pradesh

It said it is the highest bidder with a final price offer of 1.10 per cent

Image
Updated On : 21 Feb 2025 | 7:55 PM IST
Updated On : 20 Feb 2025 | 9:49 PM IST

Hindustan Zinc shares up 13% in two weeks, rally likely to continue

Company's cost-saving measures and debt reduction expected to boost company's margin

Image
Updated On : 24 Jan 2025 | 1:26 PM IST

Vedanta aims to increase production across segments: Chairman Anil Agarwal

In the near future, Vedanta is aiming to double the production levels of its subsidiary Hindustan Zinc, increase oil production at Cairn Oil & Gas to 3 lakh barrels of oil equivalent per day

Image
Updated On : 16 Nov 2024 | 9:51 PM IST

Vedanta Resources debt reduced by $4.7 bn in 2 years, says Anil Agarwal

Additionally, Vedanta remains committed to becoming a greener and more sustainable company by producing more and more of its major metals through renewable energy sources

Image
Updated On : 10 Nov 2024 | 4:37 PM IST

After KCM revival, Vedanta seeks greener pastures in India, abroad

The conglomerate looks to start production from its Zambia mines by FY25 end, with plans to supply the Indian market

Image
Updated On : 19 Aug 2024 | 11:20 PM IST

Vedanta Q1 FY25 results: Net profit rises 36.6% to Rs 3,606 crore

The company's other income was down 59.8 per cent to Rs 934 crore on a Y-o-Y basis

Image
Updated On : 07 Aug 2024 | 12:40 AM IST

Vedanta going ahead with demerger of businesses, says Anil Agarwal

Each demerged entity, he said, will plan its own course but follow Vedanta's core values, its enterprising spirit and global leadership

Image
Updated On : 10 Jul 2024 | 5:34 PM IST

Vedanta group chairman Agarwal, Odisha CM discuss areas of collaboration

During the meeting, Agarwal reiterated the group's commitment to the progress of the state

Image
Updated On : 06 Jul 2024 | 8:33 PM IST

Court approves billionaire Anil Agarwal's plan to reclaim Zambia mine

To get access to the mine again, Vedanta now needs to follow the court ruling by releasing $250 million to settle debts that KCM owes to contractors and suppliers

Image
Updated On : 29 Jun 2024 | 2:32 PM IST

Vedanta mulls first dollar bond sale of $500 mn in debut overseas issuance

The company is also exploring other avenues of fundraising, including equity sales and local currency loans from domestic banks, the people said

Image
Updated On : 24 Jun 2024 | 12:06 PM IST

Vedanta target price raised 15%; M&M stock surges 91% in 5 months

The Anil Agarwal group co value has risen by over 70 per cent this year. Analysts say operational efficiencies, cost reduction, improved operating profit, and proposed demerger have underpinned gains

Image
Updated On : 18 Jun 2024 | 10:21 PM IST

Anil Agarwal's Vedanta considering $1 bn share sale in coming weeks

Shares of Vedanta have gained 78% this year, giving the company a market value of about $20.6 billion

Image
Updated On : 27 May 2024 | 10:47 PM IST

Anil Agarwal-led Vedanta's board approves fundraise of up to Rs 8,500 cr

This is the second time that the company is raising funds in the current fiscal year. Last month, it said it would raise up to $300 million through debt securities

Image
Updated On : 16 May 2024 | 11:20 PM IST

Anil Agarwal's Hindustan Zinc to pay $506 mn dividend to ease debt burden

Agarwal is also planning to split the group into six listed companies by March 2025 to unlock value

Image
Updated On : 07 May 2024 | 10:35 PM IST