Vedanta in June had listed four of its previously demerged entities of Power, Oil & Gas, Iron & Steel and Aluminium on the bourses, after a long demerger process.

By Hormaz Fatakia

Anil Agarwal-owned mining conglomerate Vedanta Ltd. announced the demerger of its real estate business, barely two months after listing four of its previously demerged units.

Vedanta Ltd. will now be demerging its real estate business into a separate listed entity on a going concern basis, the company said in its exchange filing.

The real estate business is involved in development, construction, reconstruction, renovation, redevelopment, improvement, operations and other activities, including but not limited to residential, commercial, retail, industrial, hospitality and other infra related developments.

Existing shareholders of Vedanta Ltd. will be eligible to receive one share of the demerged real estate business for every 20 shares of the parent company they own. Record date for the said demerger exercise is yet to be disclosed.

Vedanta in June had listed four of its previously demerged entities of Power, Oil & Gas, Iron & Steel and Aluminium on the bourses, after a long demerger process.

Vedanta also reported its June quarter results on Thursday.

In its exchange filing, Vedanta has highlighted that the demerger will lead to the creation of an independent global scale company focusing on the real estate business and take advantage of the growth potential specific to the sector.

It will also help the establishment of a centralized and integrated real estate platform that will function as a unified hub for all real estate development and infra-related activities.

While the platform will facilitate leasing operations, township development, industrial development and comprehensive infra services, it may also undertake the development and operations of special economic zones, industrial estates and a wide range of infra facilities.

The demerged entity can attract different set of investors, strategic partners, lenders, and other stakeholders, enabling independent collaboration and expansion in the resulting company, best suited to their investment strategies and risk profiles specific to the real estate business.

Vedanta's real estate business had a turnover of ₹1.26 crore or 0.001% of the total standalone turnover of Vedanta, as on March 31, 2026.

Shares of Vedanta ended 0.8% higher after the results and demerger announcement at ₹266.65.