Vedanta Announces Real Estate Demerger Into Separate Listed Company

Vedanta Ltd has announced the demerger of its real estate business into a separate listed entity, barely two months after completing the listing of four demerged businesses. The move comes as the mining conglomerate looks to unlock value from its surplus land and property assets while creating a standalone company focused on real estate.

The announcement coincided with Vedanta’s Q1FY27 results, where consolidated net profit rose 71.8% year-on-year to ₹5,473 crore, while revenue increased 53.6% to ₹24,205 crore.

The split will take place through a scheme of arrangement between Vedanta and Vedanta Property Platforms Limited (VPPL). It still needs statutory and regulatory approvals.

Under the proposed demerger, Vedanta shareholders will get one fully paid-up equity share of VPPL for every 20 fully paid-up Vedanta equity shares they hold.

On Tuesday, Vedanta shares were trading at ₹269.30, up 0.75% at 11:15 AM.

What Will The Vedanta Real Estate Demerger Include?

Vedanta plans to transfer its surplus real estate assets into VPPL through a vertical demerger. The company currently owns 22 real estate assets across India, including 14 land parcels spread over 2,264 acres and eight residential and office properties covering 53,185 sq. ft.

According to the company, the new business will focus on real estate development, leasing, township projects, industrial infrastructure and related activities. It may also undertake the development and operation of special economic zones, industrial estates and other infrastructure facilities.

Vedanta said the standalone company would be better placed to attract investors, strategic partners and lenders interested specifically in the real estate sector. The proposal is subject to approval by the National Company Law Tribunal (NCLT), Mumbai.

Why Is Vedanta Separating Its Property Business?

Vedanta Group Chairman Anil Agarwal said the company wants to build on the success of its earlier demerger, which created separate businesses across oil and gas, aluminium, power and steel.

He said the latest move is aimed at unlocking value from surplus real estate assets by creating an independent "pure-play" company. As of 31 March 2026, Vedanta's real estate business generated a turnover of ₹1.26 crore, accounting for just 0.001% of the company's standalone turnover.

Alongside the demerger announcement, the board re-appointed Arun Misra as Executive Director and designated him as Chief Executive Officer for one year from 1 August 2026, subject to shareholder approval.

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