Vedanta shares in focus on announcing foray into real estate sector with incorporation of new arm

VPPL will serve as a strategic vehicle for Vedanta's real estate business and related activities, according to a regulatory filing dated June 23.

The move is aimed at monetising surplus land and non-core property assets and creating a dedicated structure for potential joint ventures and asset-light initiatives to fund expansion in its core metals and energy businesses.

As per the NSE filing, the company said VPPL was incorporated in Mumbai, Maharashtra, on June 22.

The subsidiary will serve as a strategic platform for undertaking real estate business and ancillary activities.

It has an authorised capital of ₹1 lakh, comprising one lakh equity shares of ₹1 each. Its subscribed capital also stands at Rs 1 lakh.

Vedanta has subscribed to 100% of the equity share capital of the company through a cash consideration of ₹1 lakh, making VPPL a wholly-owned arm.

As the company has been newly incorporated, it has not yet commenced business operations and therefore has no turnover at present.

Vedanta Ltd is a leading global producer of metals, critical minerals and technology with operations across India, Africa, the Middle East, and East Asia.

Vedanta stock performance

Shares of Vedanta closed 0.30% higher at ₹282.55 per unit on the National Stock Exchange (NSE) on Wednesday. However, the development was announced after the market closed.

The scrip has lost 8% in the past week and 14% over the month. On a year-to-date basis, it has fallen 53%.

While the stock hit a 52-week high of ₹795 per equity share on April 21, 2026, it touched a year’s low of ₹268.70 apiece on April 30, 2026.

Vedanta demerger

On June 15, 2026, four of the company’s demerged businesses, namely Vedanta Aluminium Metal (VAML), Vedanta Oil & Gas (VOGL), Vedanta Power, and Vedanta Iron & Steel (VISL) were listed on the NSE and the BSE.

Vedanta Group demerged its businesses to unlock substantial value for shareholders since each firm now operates independently and raises capital according to its business plans, allowing investors to invest in a specific sector.

Vedanta has a total market capitalisation of ₹1.10 lakh crore as of June 24, 2026, according to data on the NSE.