Vedanta Ltd Incorporates Wholly-Owned Subsidiary in GIFT City
Filing Summary
Vedanta Limited has announced the incorporation of a wholly-owned subsidiary, Vedanta Finance IFSC Limited, in the International Financial Services Centre at GIFT City, Gujarat, as per the disclosure under Regulation 30 of SEBI Listing Regulations. The subsidiary will function as a strategic financial hub for the company’s treasury and capital market operations. The authorized capital is ₹10 crore, with a subscribed capital of ₹2 crore. The incorporation was completed on November 18, 2025. This move aligns with Vedanta’s objectives of optimizing treasury operations and enhancing financial efficiency.
Vedanta Limited has incorporated a wholly-owned subsidiary named Vedanta Finance IFSC Limited in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City), Gujarat. The incorporation was completed on November 18, 2025, as per the disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new subsidiary aims to serve as a strategic financial hub for Vedanta’s treasury and capital market operations.
The financial structure of Vedanta Finance IFSC Limited includes an authorized capital of ₹10 crore, divided into 1 crore equity shares of ₹10 each. The subscribed capital stands at ₹2 crore, comprising 20 lakh equity shares of ₹10 each. The entire shareholding is held by Vedanta Limited, making it a wholly-owned subsidiary. The incorporation involved a cash consideration for 100% subscription of the equity share capital.
The operational focus of the newly incorporated subsidiary will be on enhancing Vedanta’s treasury and capital market operations. It will function as a Global Treasury Centre, catering to the treasury activities of the Vedanta group. The subsidiary is expected to enhance operational efficiency and trade finance, although specific operational details and deliverables have not been disclosed as the business operations are yet to commence.
In the context of the market, the establishment of Vedanta Finance IFSC Limited aligns with Vedanta’s broader objectives of optimizing treasury operations, cost of funding, and liquidity management. The subsidiary will operate as a finance company within the IFSC at GIFT City, Gujarat, which is a strategic location for financial services due to its regulatory environment and infrastructure.
The incorporation process was completed with the receipt of the Certificate of Incorporation on November 18, 2025, at 05:43 PM IST. No governmental or regulatory approvals were required for this incorporation, as it is a newly established entity. The timeline for the commencement of business operations has not been specified, as the subsidiary is yet to start its activities.
Vedanta Limited is a diversified natural resources company engaged in exploring, extracting, and processing minerals and oil and gas. The company focuses on enhancing its operational efficiency and optimizing its financial and capital market strategies. The incorporation of Vedanta Finance IFSC Limited is part of its strategic initiatives to strengthen its financial framework and improve capital efficiency.