Vedanta Limited on Wednesday announced that it has incorporated a new wholly owned subsidiary, Vedanta Property Platforms Limited (VPPL), as part of its strategic expansion into the real estate sector, the company informed stock exchanges through a regulatory filing.
The subsidiary was incorporated in Mumbai, Maharashtra, on June 22, 2026. The Certificate of Incorporation was uploaded on the Ministry of Corporate Affairs (MCA) portal on June 23, 2026, at around 6:40 pm IST.
Vedanta Property Platforms Limited (VPPL)
According to the exchange filing, VPPL has been established as a dedicated platform to undertake real estate business and related ancillary activities. The newly incorporated entity has an authorised capital of Rs 1 lakh, comprising 1 lakh equity shares of Rs 1 each. Its subscribed capital also stands at Rs 1 lakh.
Vedanta has subscribed to 100 per cent of the equity share capital of the company through a cash consideration of Rs 1 lakh, making VPPL a wholly owned subsidiary.
As the company has been newly incorporated, it has not yet commenced business operations and therefore has no turnover at present.
VPPL has been incorporated under the Companies Act, 2013, with its registered office located in Mumbai, Maharashtra. The entity will operate in the real estate sector and pursue business activities aligned with its stated objectives.
Vedanta clarified that the transaction does not qualify as an acquisition of an existing entity, as VPPL is a newly incorporated wholly owned subsidiary. No governmental or regulatory approvals are required for the incorporation, the company added.