
Vedanta Limited has announced the incorporation of a new wholly owned subsidiary, Vedanta Property Platforms Limited (VPPL), in Mumbai, Maharashtra. This new entity will focus on real estate business and related activities, marking a strategic expansion for Vedanta Limited.
Vedanta Property Platforms Limited was incorporated on June 22, 2026, under the Companies Act, 2013. The company has an authorised capital of ₹1,00,000, consisting of 1,00,000 equity shares valued at ₹1 each. The subscribed capital matches the authorised capital, with the entire amount being subscribed by Vedanta Limited.
The subsidiary is set to operate within the real estate industry, serving as a strategic platform for Vedanta Limited to undertake real estate business and ancillary activities. This move aligns with Vedanta's broader business strategy to diversify its operations.
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Vedanta Limited holds 100% of the shares in Vedanta Property Platforms Limited, having acquired them through a cash consideration of ₹1,00,000. This acquisition does not fall under related party transactions, as it is a newly incorporated entity.
The Certificate of Incorporation for Vedanta Property Platforms Limited was uploaded on the Ministry of Corporate Affairs portal on June 23, 2026. As of now, the company has not commenced business operations, and there is no turnover history available.
As of June 24, 2026, at 3:30 PM, Vedanta share price on NSE was closed at ₹282.55, up by 0.30% from the previous closing price.
Vedanta Limited has established Vedanta Property Platforms Limited as a wholly owned subsidiary to engage in real estate activities. The new entity, incorporated with an authorised capital of ₹1,00,000, is fully owned by Vedanta Limited.
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Published on: Jun 24, 2026, 4:48 PM IST

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