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Vedanta incorporates new finance subsidiary in GIFT City

November 18, 2025 at 01:42 PM UTCBy FilingReader AI

Vedanta Limited has incorporated "VEDANTA FINANCE IFSC LIMITED," a wholly owned subsidiary in the International Financial Services Centre (IFSC) at GIFT City, Gujarat, on November 18, 2025. This new entity is designed to function as a strategic financial hub, aiming to enhance the parent company's operational efficiency, trade finance, and overall financial framework.

The newly formed subsidiary has an authorized capital of INR 10,00,00,000 and a subscribed capital of INR 2,00,00,000. Vedanta Limited holds 100% of the shares through a cash subscription to the share capital.

VEDANTA FINANCE IFSC LIMITED will operate as a Finance Company within the IFSC GIFT City, Gujarat. It is not yet operational and will primarily serve as the global treasury center for Vedanta group's treasury activities.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:VEDLBombay Stock Exchange
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