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Divestment30 Jul 2026, 03:20 pm

Vedanta Ltd Approves Demerger of Real Estate Business

AI Summary

Vedanta Limited's Board of Directors has approved the demerger of its Real Estate Business into a separate entity, Vedanta Property Platforms Limited. This strategic move aims to unlock value by enabling focused management, improved transparency, and more productive utilization of its real estate assets. The demerged undertaking includes assets, liabilities, properties, and resources related to the real estate business, which had a turnover of INR 1.26 crore for the year ended March 31, 2026, representing 0.001% of the total standalone turnover. The company will seek necessary statutory, regulatory, and stock exchange approvals for the scheme of arrangement. The Resulting Company may also explore acquiring real estate undertakings from other Vedanta group companies.

Key Highlights

  • Vedanta Ltd to demerge its Real Estate Business into a new entity.
  • Demerger aims to unlock value through focused management and transparency.
  • Real estate business turnover was INR 1.26 crore for FY26.
  • Scheme of Arrangement approved by the Board of Directors.
  • Potential for consolidation of real estate assets from other Vedanta group companies.