Vedanta Limited — Others, 18-06-2025: Shareholders meeting

Vedanta Limited has announced a 60th Annual General Meeting (AGM) to be held via video conferencing, where key matters such as approval of annual financial statements, dividend confirmation, and director re-appointments will be addressed. The company reported robust FY 2024-25 financial results: consolidated revenue rose 6% to ₹1,50,725 crore, EBITDA increased 19% to ₹43,541 crore with a strong 34% margin, and PAT surged 172% to ₹20,535 crore. Net debt reduced to ₹53,250 crore, improving gearing to 0.50x, supported by strong free cash flow post-capex of ₹14,850 crore. Operations reflected record production in core metals, notably zinc (milled 1,095 kt, refined 1,052 kt), aluminium (2.42 million tonnes), and significant expansions underway across aluminium, zinc, oil & gas, and power segments. The company continues strategic deleveraging, capital discipline, and investments in sustainability, innovation, and digital transformation. It aims for net zero carbon by 2050 with 1.9 GW renewable energy capacity secured and maintains strong ESG governance with comprehensive disclosures and robust stakeholder engagement. Material related party transactions with subsidiaries and associates remain at arm’s length and within approved limits. Internal controls, risk management, and compliance frameworks are robust, with unmodified audit opinions issued by its statutory auditors. Corporate governance is aligned with global best practices, featuring a diversified and independent Board. Dividend payouts remain strong with ₹43.5 per share declared as interim dividend for FY 2024-25.