Vedanta Incorporates Wholly Owned Subsidiary in GIFT City

AHMEDABAD, 20 NOVEMBER: Vedanta Limited said in an exchange filing that it has incorporated a wholly owned subsidiary “Vedanta Finance IFSC Limited” in the International Financial Services Centre (IFSC) at GIFT City in Gandhinagar.

As per Vedanta, the move will help the company meet broader financial objectives. The incorporation, as per the exchange filing, is in line with the company’s commitment to financial excellence and capital efficiency, and the broader objective of optimizing treasury operations, cost of funding, and liquidity management.

“The proposed subsidiary will act as a financial conduit for treasury and capital market activities, enabling Vedanta to unlock efficiencies and strengthen its financial architecture in a globally competitive environment,” Vedanta said. The subscribed capital of the company is Rs 2 crore.

As per the International Financial Services Centers Authority’s latest annual report, the regulator had authorized, registered or licensed around 864 entities across 35 business segments. Regulated entities in GIFT IFSC facilitated inward capital flows of nearly USD 50 billion into India via the banking and fund industry, of which USD 20 billion was in FY 2024-25.

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(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)