
On Monday, 10 March 2026, Anil Agarwal stepped onto a stage in Mumbai’s Girgaon Club and outlined a sweeping overhaul of the Vedanta Group’s governance structure. He said the conglomerate, which currently runs 10 listed and unlisted entities, will shift day‑to‑day control to professional managers on incentive contracts, while the family retains a 54 percent stake through its London‑listed parent. Agarwal added that the group’s revenue stands at $30 billion, and a $25 billion expansion budget will push annual sales to $50 billion in the next 24 months. Men’s share of the workforce will drop from 78 percent to 65 percent as the company aims for 35 percent female representation, a move the billionaire said would open new opportunities for women in mining and metals. The group’s market‑cap target of $100 billion, up from $55 billion, will be achieved within 12 to 18 months, he said, positioning Vedanta among the country’s top twenty conglomerates. The proposal will be presented to the board for approval next week and filed with SEBI by the end of April, Agarwal told reporters.