Vedanta’s Anil Agarwal Pledges 75% of Wealth for Social Causes

Vedanta Group chairman Anil Agarwal has said he will donate 75% of his personal wealth for social causes, as per news reports. He also plans to step away from his role as promoter and instead serve as a trustee.  

The announcement followed his interaction with Prime Minister Narendra Modi at a roundtable with global energy leaders during India Energy Week. 

Net Worth and Size of Pledge 

According to Forbes estimates, Agarwal, 72, has a net worth of about $4.9 billion. The proposed donation would represent a large portion of this amount.  

Agarwal has previously spoken about long-term philanthropic plans, and the latest statement outlines a more formal approach to transferring personal wealth for public purposes. 

Proposed Spending in Social Sectors 

As part of the plan, Agarwal said he intends to commit between ₹10,000 crore and ₹15,000 crore to projects in areas such as education and healthcare.  

He said the proposal reflects the wishes of his late son and is meant to support initiatives that benefit society over time. 

India Energy Week Interaction 

The meeting during India Energy Week was Agarwal’s first official appearance after the death of his son, Agnivesh, who died at the age of 49 following a cardiac arrest in the United States.  

Agarwal shared details of the interaction in a social media post dated February 3 and mentioned that condolences were offered during the meeting. 

Transition in Role 

In the same post, Agarwal said he informed the Prime Minister of his decision to donate most of his wealth and move away from the promoter role. He stated that he would function as a trustee while directing funds towards social initiatives. 

Read More: Vedanta Share Price Drops Over 8%; CFO Ajay Goel Plans to List 4 Demerged Units by Mid-May! 

Vedanta Share Price Performance 

As of February 5, 2026, Vedanta Ltd share price was trading at ₹646.35, a 6.03% down from the previous closing price. 

Conclusion  

The announcement combines a leadership transition with a large personal philanthropic commitment. Further details on timelines and execution are yet to be outlined. 

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