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Bharat Aluminium Company Limited (BALCO)

Aluminium Sadan, Core - 6, Scope Office Complex, Lodi Road, New Delhi - 110003

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BALCO Celebrates Happiness Week to Boost Employee Engagement and Well-being

30th March 2023

Balconagar, Korba; 30th March, 2023: Bharat Aluminium Company (BALCO), India’s iconic aluminium producer, organized a week-long celebration of International Day of Happiness to boost employee engagement, and increase happiness and well-being of its employees. Throughout the Happiness Week, the company conducted various activities aimed at boosting employee morale and creating a holistic work environment, aimed at infusing them with renewed vigor and enthusiasm.

During this week, the company distributed ‘Happiness at BALCO’ cards for employees to share their reasons for happiness, which the company could further augment, and exchanging ‘You make me happy’ cards with fellow colleagues and friends to showcase their gratitude. The company also encouraged employees to create vision boards for their happiness, and organized team outings and lunches where happiness sessions, stand up comedy and other fun activities were conducted for team bonding. More than 2,000 employees participated in the initiatives.

Speaking about the celebration of happiness week at BALCO, Mr. Rajesh Kumar, CEO and Director, BALCO, says, “BALCO has always been a front runner in providing an empowering environment for growth and development of its workforce. We strive to enable our employees to test the limits of their potential, while ensuring a safe, encouraging and happy workplace. Our approach to nurturing industry leading people practices approach has at its core a strong commitment to care and the belief that our people are our greatest assets. The celebration of Happiness Week goes to show our commitment to a happy & healthy work culture.”

Recently, BALCO was also conferred with the prestigious ‘Happiest Workplace Award 2022’ by Happy+, a prominent consulting firm instilling the Happiness quotient into organizational cultures, in association with Business World. The award was presented in recognition of the company’s close focus on employee well-being and happiness in its quest for sustainable business growth. With this, BLCO has emerged amongst the top 30 Indian companies creating the most conducive workplaces for its employees. In the past, BALCO have also been recognized with awards such as Arogya World Healthy Workplace Award – 2022 and Great Place to Work in 2023.

About BALCO:

Bharat Aluminium Company (BALCO) is a subsidiary of Vedanta Limited, operating a 0.57 million tonne per annum aluminium smelter in Korba, Chhattisgarh. It is part of Vedanta’s Aluminium Business, a division of Vedanta Limited, which is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium, i.e., 2.42 million tonnes in FY25. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the S&P Global Corporate Sustainability Assessment 2024 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow. For more information, please log on to www.balcoindia.com

For more information, please contact:

Shuchi Mishra
Head – PR & Communications,BALCO
Shuchi.Mishra@vedanta.co.in

Disclaimer:

This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

About Vedanta Limited:

Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa, Namibia, and Australia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. Under the aegis of Vedanta Cares, the flagship social impact program, Nand Ghars have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Vedanta and its group companies have been featured in Dow Jones Sustainability Index 2020, and were conferred Frost & Sullivan Sustainability Awards 2020, CII Environmental Best Practices Award 2020, CSR Health Impact Award 2020, CII National Award 2020 for Excellence in Water Management, CII Digital Transformation Award 2020, ICSI National Award 2020 for excellence in Corporate Governance, People First HR Excellence Award 2020, ‘Company with Great Managers 2020’ by People Business and certified as a Great Place to Work 2021. Vedanta’s flagship Nand Ghar Project was identified as best CSR project by the Government of Rajasthan. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.

For more information, please visit www.vedantalimited.com

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