Vedanta Rises After Forming New Finance Subsidiary at GIFT City

Mumbai (Udaipur Kiran). Vedanta gained in Tuesday’s trade after the company announced the incorporation of a wholly owned subsidiary, ‘Vedanta Finance IFSC’, at GIFT City in Gujarat.

Vedanta

The stock was trading at ₹514.30 on the BSE, up 0.73 per cent from its previous close of ₹510.55. The scrip opened at ₹510.50 and moved between a high of ₹514.60 and a low of ₹507.55. Around 1,27,291 shares were traded during the session. Vedanta’s 52-week range stands between ₹535.60 (13 November 2025) and ₹362.20 (7 April 2025). The company’s market capitalisation is ₹2,00,368.28 crore. Promoters hold 56.38 per cent, while institutional and non-institutional investors hold 27.27 per cent and 16.34 per cent respectively.

The newly formed subsidiary will act as a strategic financial hub for Vedanta’s treasury and capital market operations. Located in the International Financial Services Centre (IFSC) at GIFT City, the unit will help enhance operational efficiency, strengthen trade finance and support the company’s broader financial framework. The Certificate of Incorporation was issued on 18 November 2025.

Vedanta is a diversified natural resources company with operations spanning oil and gas, zinc–lead–silver, copper, iron ore, aluminium and commercial power.

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