Vedanta Ltd (VEDL)
Please refer the enclosed file.
Vedanta Ltd Board approved demerger of Real Estate Business into Vedanta Property Platforms Ltd (VPPL).
- Demerged unit turnover INR 1.26 Cr, 0.001% of standalone FY26 turnover.
- Shareholders to get 1 VPPL share per 20 Vedanta shares.
- VPPL to list on BSE & NSE; no cash consideration.
- Demerger aims to unlock value, enable focused management, and attract real estate investors.
- Potential acquisitions from Vedanta group companies planned.
- Process subject to regulatory approvals; completion expected FY28.
Source: Original filing PDF
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