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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 Raksha Bandhan with Employees and Community

31st August 2023
  • Ties ‘Threads of Trust’ to its Safety and Security Personnel
  • Extends festivities by distributing gifts and sweets in Nand Ghars
  • Celebrates with women members of SHGs

Balconagar; 31st August 2023: Bharat Aluminium Company Limited (BALCO), India’s iconic aluminum producer and a subsidiary of Vedanta Aluminium, celebrated the auspicious occasion of Raksha Bandhan with their safety and security personnel, fostering a spirit of togetherness. In addition, the company celebrated this significant Indian festival with the women members of SHGs, reinforcing its commitment to empowering communities.

Celebration with Safety and Security Personnel: This Raksha Bandhan, employees from BALCO tied ‘Rakhis’ to their security personnel, who ensure round the clock safety and security of its operations. The festivity, hosted within the company precinct, witnessed employees expressing their profound gratitude towards their security and safety personnel. The event witnessed the heartwarming tradition of tying auspicious threads of ‘Rakhis’, symbolizing protection, and trust, onto the wrists of security and safety personnel, including the newly inducted transgender security personnel, reinforcing the values of occupational safety.

Celebration with Self-Help Groups: BALCO marked the occasion of Rakhi with its self-help group members where the women of the SHGs tied their handcrafted Rakhis onto the wrists of the leadership team, symbolizing their deep appreciation for BALCO’s transformative Project Unnati. This project has been instrumental in fostering empowerment and skill development among these women, nurturing their entrepreneurial capabilities.

Celebration at Nand Ghars: In addition to the celebration with Self Help Groups, BALCO’s leadership team came together to celebrate the festival of Rakhi with the children of Nand Ghar. A part of Vedanta’s flagship, Nand Ghar, is dedicated to fostering women and child development within communities. The team from BALCO shared sweets and thoughtful gifts, bringing smiles to the faces of the children, who gather at Nand Ghars daily and are provided with enhanced educational and nutritional opportunities.

Talking about the celebration of Raksha Bandhan at BALCO, Mr. Rajesh Kumar, CEO and Whole-time Director, BALCO, said, “At BALCO, we believe that a flourishing workforce and thriving communities are intrinsically interconnected. Guided by principles of empowerment, holistic growth, and shared ethics, we foster a culture of care that is beneficial to all. The celebration of festivals like Raksha Bandhan, where both our employees and communities unite, signifies a unity that transcends the workplace. It strengthens our commitment to growing together, fostering collective transformation.”

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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