Vedanta Oil & Gas

CRISIL Ratings upgraded Vedanta Oil and Gas Limited's long-term credit rating to AA+ from A+ and removed the rating from watch developing, the company said on July 16. The rating agency also withdrew the short-term rating. The upgrade reflects a material improvement in the company's credit profile, with the stable outlook indicating confidence in its financial stability. Vedanta Oil and Gas, formerly known as Malco Energy Limited, operates in the oil and gas sector and is a mid-cap entity with a market capitalisation of about ₹14,390 crore.

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July 14 (Reuters) - Vedanta Ltd VDAN.NS:

• VEDANTA PLANS TO NEARLY TRIPLE ZINC AND LEAD PRODUCTION TO 3 MILLION TONNES BY 2031 - AGM

• VEDANTA CHAIR - VEDANTA ALUMINIUM TO DOUBLE CAPACITY TO 6 MILLION TONNES/YEAR OVER NEXT THREE YEARS - AGM

• VEDANTA CHAIR: WILL INVEST $5 BLN OVER THREE TO FIVE YEARS FOR VEDANTA OIL & GAS - AGM

• VEDANTA CHAIR: VEDANTA IRON AND STEEL WILL GROW FROM FOUR MILLION TONNES TO 15 MILLION TONNES ANNUALLY - AGM

• VEDANTA CHAIR - AT VEDANTA OIL AND GAS, WE AIM TO PRODUCE 500,000 BARRELS PER DAY - AGM

Further company coverage: VDAN.NS

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** Motilal Oswal initiates coverage on India's Vedanta Aluminium Metal VEDO.NS, the pure-play aluminium company formed after Vedanta's VDAN.NS demerger, with a "buy" rating and PT at 540 rupees, ~20% higher than current price

** Brokerage says VEDO's consolidated revenue and PAT to grow at ~11% and 23% CAGR over FY26-28

** Growth to be driven by volume expansion, structural cost reductions, increased contribution from value-added products - Motilal Oswal

** Brokerage expects VEDO to benefit from favourable industry dynamics and company-specific structural drivers

** VEDO up 1% to 448.2 rupees

** Stock down ~14% since listing on June 15

(Reporting by Anuran Sadhu in Bengaluru)

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July 3 (Reuters) - Vedanta Oil and Gas Ltd VEDL.NS:

• VEDANTA OIL AND GAS - Q1 FY2027 AVERAGE DAILY GROSS OPERATED PRODUCTION DOWN 17% YOY

Source text: ID:nBSE6NCmCt

Further company coverage: VEDL.NS

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** Vedanta Aluminium Metal VEDO.NS stock falls 5% below listing price to 495.90 rupees in trading debut

** Listed at 522 rupees, 331.3% higher than issue price of 121.03 rupees

** Vedanta Oil and Gas VEDL.NS also drops 5% below opening price on debut

** Vedanta Power TALA.NS and Vedanta Iron and Steel VEDR.NS rise 3.3% and 5.3% post-listing on NSE

** Parent Vedanta VDAN.NS, which now houses the base metals business, slips 1%

** All four firms listed Monday following demerger scheme that split VDAN's aluminium, power, iron & steel, and oil & gas units

(Reporting by Vijay Malkar)

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