Vedanta Ltd, the Anil Agarwal-owned mining conglomerate, has been declared the successful bidder for the Genjana nickel, chromium and PGE block under Critical Mineral Auctions Tranche III.

The company received the confirmation letter on December 10, 2025, after fulfilling all required statutory compliances. The acquisition is expected to bolster Vedanta’s critical minerals portfolio, enhancing its capabilities in high-demand industrial metals.

Ahead of the announcement, shares of Vedanta closed at ₹529.15, up ₹4.95 or 0.94% on the NSE.

The company had last reported results on October 31 . Its subsidiary, Hindustan Zinc, contributes nearly 40% of Vedanta’s earnings before interest and tax (EBIT).

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