Vedanta announced plans to demerge its real estate business into a new company. Shareholders will receive one share of Vedanta Property Platforms for every twenty shares held. This new entity will later debut on the stock exchanges, listing on BSE and NSE. The demerged real estate portfolio includes significant land and property assets across India. This move follows Vedanta’s recent five-way business split, aiming to unlock shareholder value.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.