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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 India’s 76th Independence Day with great fervor

17th August 2022

Balconagar; 17th August, 2022: Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a subsidiary of Vedanta Aluminium, celebrated Azaadi ka Amrit Mahotsav and cherished the glorious years of independent India on the occasion of India’s 76th Independence Day at Aluminium Bhawan.

Mr. Abhijit Pati, CEO & Director, BALCO, initiated the celebration by hoisting the national flag. This was followed by singing of the national anthem which infused a sense of pride and gratitude in all. Mr. Pati addressed the audience and applauded BALCO family members for their dedicated efforts towards operational excellence. He reiterated all the important benchmarks that BALCO has achieved and the important part that it has played in the growth and development of region through its community development endeavours, environmental & social initiatives as well as business ecosystem. He addressed the audience on the growth plans for BALCO, aligned to the national vision of making India a manufacturing powerhouse, and urged everyone to be a part of this journey and fulfill their responsibility towards the nation. Mr. Subhadeep Khan, Dy. CHRO, gave the vote of thanks at the conclusion of the event.

Speaking about BALCO’s contribution to India’s growth story, Mr. Abhijit Pati, CEO and Director, BALCO, said, “BALCO has contributed significantly to the state of Chhattisgarh and our country throughout its more than five-decade long journey. With our dedicated efforts towards operational excellence, we are ensuring that the unprecedented growth of the nation is met through domestic production and value-addition, thus making India ‘Atmanirbhar’. With sustainable development at the guiding principle, BALCO is striving to lead the nation at global level through manufacturing excellence.”

Celebrating the Har Ghar Tiranga campaign launched by the Government of India, members of the BALCO family overwhelmingly participated in the campaign hoisting the flag at home and workstations, thus making the organization an active contributor to the success of the campaign. The Independence Day event also witnessed felicitation of best performing security guards and employees who participated in the cultural activities. Mr. Pati also launched a movie during the celebration event showcasing transformational journey of BALCO.

He also visited the BALCO Hospital and distributed fruits to the in-house patients, along with senior leaders of the organization. He also conveyed his gratitude and appreciation to the medical professionals of BALCO Hospital for their selfless dedication towards making healthcare accessible for all.

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., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 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.

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., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 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

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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