Vedanta Limited incorporated Vedanta Property Platforms Limited as a wholly owned subsidiary on June 22, 2026 in Mumbai, Maharashtra, India. The Certificate of Incorporation was uploaded on the Ministry of Corporate Affairs portal on June 23, 2026. Vedanta Limited submitted this information to the stock exchanges.
Vedanta Property Platforms has an authorised capital of Rs 1,00,000, comprising 1,00,000 equity shares of Rs 1 each. The subscribed and paid-up capital stands at Rs 1,00,000. Vedanta Limited paid this amount through cash consideration to subscribe to the entire equity share capital of the newly formed subsidiary.
Vedanta Limited holds 100 percent of the equity shares in Vedanta Property Platforms. The subsidiary was incorporated as a public company with its registered office in Mumbai, Maharashtra. Vedanta Property Platforms is classified under the real estate industry.
Vedanta Property Platforms will serve as a platform for real estate business and related ancillary activities. The entity has not yet commenced business operations and has no applicable turnover. The subsidiary is a newly formed wholly owned entity of Vedanta Limited.
The incorporation of Vedanta Property Platforms does not constitute a related party transaction. Promoter group companies hold no interest in the subsidiary. No governmental or regulatory approvals were required for this incorporation.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.