Economy #real estate#vedanta
Vedanta forays into real estate with new subsidiary Vedanta Property Platforms Ltd
Vedanta Ltd has incorporated a wholly-owned subsidiary, Vedanta Property Platforms Ltd (VPPL), to enter the real estate sector. The move aims to monetize surplus land and non-core property assets, creating a platform for potential joint ventures and asset-light initiatives to fund expansion in its core metals and energy businesses. VPPL was incorporated in Mumbai on June 22, 2026, with an authorized capital of Rs 1 lakh.
Jul 8, 2026 1 source