Vedanta's board approved demerging its Real Estate Business into Vedanta Property Platforms Limited (VPPL) to unlock value.

Shareholders get 1 VPPL share for every 20 Vedanta shares.

The demerged portfolio includes ~2,200 acres and ~55,000 sq ft properties, with a potential value of INR 30,000 Cr+. This segment had a turnover of INR 1.26 Cr.