Vedanta Limited (VEDL) — Board Meeting | 30 July 2026(2 announcements)

Vedanta Limited announced the demerger of its real estate business into a new listed entity, Vedanta Property Platforms Limited, to unlock value and enable focused capital allocation. Shareholders will receive one new share for every 20 held, with promoters retaining ~54.72% and public holding ~45.12% post-demerger. The move aims to enhance transparency, attract specialized investors, and capitalize on India's growing real estate demand, with projected revenue potential of INR 30,000 Cr+ from ~2,264 acres of land and 130 million sq. ft. of space.

Vedanta Limited announced the outcome of its July 30, 2026 board meeting, approving unaudited Q1 FY2026 results (ended June 30, 2026) and confirming the demerger of key businesses into separate entities effective May 1, 2026. The filing includes limited review reports with unmodified opinions, SEBI disclosures, and clarifications on regulatory matters. Discontinued operations from Aluminium, Oil & Gas, Iron Ore, and Power segments were reclassified, with net exceptional losses totaling ₹5,016 Crore. Continuing operations showed ₹7,918 Crore profit after tax. The demerger impacts financial ratios, with revised metrics reflecting only continuing business performance. No material adjustments were required for prior allegations or regulatory observations.