Vedanta Ltd incorporates subsidiary VEDANTA PROPERTY PLATFORMS LIMITED to pursue real estate business
Vedanta Limited has established a wholly owned subsidiary, VEDANTA PROPERTY PLATFORMS LIMITED, in Mumbai, Maharashtra, India. The incorporation of this new entity is intended to serve as a strategic platform for undertaking the company's real estate business and related ancillary activities.The subsidiary was incorporated on June 22, 2026, under the provisions of the Companies Act, 2013, and is based in Mumbai, Maharashtra.
VEDANTA PROPERTY PLATFORMS LIMITED has been set up to pursue the Real Estate industry. The incorporation details and capital structure reflect the initial commitment from Vedanta Limited.
Key information regarding VEDANTA PROPERTY PLATFORMS LIMITED:
| Detail | Information |
|---|---|
| Name of Entity | VEDANTA PROPERTY PLATFORMS LIMITED (VPPL) |
| Industry | Real Estate |
| Status | Wholly owned subsidiary of Vedanta Limited |
| Authorized Capital | ₹ 1,00,000/- (representing 1,00,000 Equity Shares of ₹ 1/ - each) |
| Subscribed Capital | ₹ 1,00,000/- (representing 1,00,000 Equity Shares of ₹ 1/ - each) |
The subsidiary was fully subscribed by Vedanta Limited, which holds 100% shareholding and control. The cost for this subscription to the share capital amounted to ₹ 1,00,000/-.
As a newly incorporated entity, VEDANTA PROPERTY PLATFORMS LIMITED has not yet commenced business operations. The establishment of the subsidiary is intended to serve as a strategic platform for Vedanta Limited’s future real estate ventures.
VEDL Stock Price Movement
Today, shares of Vedanta Limited edged higher in post-market trading, closing at ₹282.55 after setting a gain of 0.28%. The stock traded within an intraday range between a low of ₹278.15 and a high of ₹284.35 while recording a volume exceeding 21 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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