Vedanta Limited’s Board of Directors has approved the demerger of its Real Estate Business into a separate entity, Vedanta Property Platforms Limited (VPPL). This strategic move aims to unlock significant value by creating a pure-play real estate platform. Shareholders will receive 1 share of VPPL for every 20 shares of Vedanta Limited held, with VPPL shares expected to be listed on the BSE and NSE.
Vedanta Limited Announces Real Estate Demerger
The Board of Directors of Vedanta Limited has granted its approval for the demerger of its Real Estate Business. This strategic initiative is designed to unlock significant value by establishing a focused, pure-play real estate platform. The demerger will see the formation of Vedanta Property Platforms Limited (VPPL) as the resulting entity.
Transaction Structure and Shareholder Benefits
The demerger is structured as a vertical split, wherein shareholders of Vedanta Limited will receive 1 share of VPPL for every 20 fully paid-up equity shares of Vedanta Limited. This transaction is proposed to be conducted via a scheme of arrangement, subject to necessary statutory and regulatory approvals. The shares of VPPL are intended to be listed on both the BSE Limited and the National Stock Exchange of India Limited.
The rationale behind this demerger includes enabling focused management, improving transparency, and a more productive deployment of the company’s substantial real estate portfolio. This is expected to unlock inherent value, attract a distinct set of investors, and foster growth potential within the real estate sector.
Real Estate Portfolio Details
The demerged undertaking comprises approximately 2,264 acres of land across India, including land parcels and various properties in states like Gujarat, Maharashtra, Goa, Tamil Nadu, and Karnataka. The turnover of the demerged undertaking for the year ended March 31, 2026, was INR 1.26 crore, representing 0.001% of Vedanta Limited’s total standalone turnover.
Indicative Timetable
The company anticipates submitting the scheme with stock exchanges and filing for SEBI approval in August 2026. The entire process, subject to approvals, is expected to be completed by FY28.
Source: BSE
