India’s largest private sector power producer, Adani Power Ltd, along with other major industry players such as Vedanta Group, Jindal Power Ltd (JPL), and four other companies, have entered the …
Vedanta
Vedanta postpones board meeting on interim dividend due to ‘unforeseen circumstances’
Mining major Vedanta Ltd has announced the cancellation of its scheduled board meeting on October 9, 2024, which was intended to discuss and approve the fourth interim dividend for the …
Hindustan Zinc’s Offer for Sale (OFS) sees Vedanta planning to sell 13.37 crore shares, with the floor price set at a 15% discount.
Hindustan Zinc OFS: Vedanta’s Strategic Move to Raise Funds Vedanta Ltd., the mining conglomerate led by Anil Agarwal, has made a significant financial move by deciding to sell a substantial …
Vedanta to Save ₹1000 Crore Annually on Debt Repayment Interest Costs
Vedanta anticipates saving ₹1,000 crore each year in interest expenses following its strategic decision to use the proceeds from a recent ₹8,500 crore fund-raising effort to repay debt. The company’s …
Vedanta to Hold Board Meeting on May 16 for FY25 First Dividend and Fundraising Plans
Vedanta to Hold Board Meeting: Anil Agarwal-led Vedanta Ltd. announced a board meeting on May 16, 2024, to discuss the first interim dividend for FY25. The meeting will also explore …
Vedanta intends to allocate $20 billion for investments in India within four years, with Anil Agarwal stating they will only divest the steel b
usiness for the appropriate price. Under the leadership of Chairman Anil Agarwal, the Vedanta Group disclosed intentions to inject USD 20 billion into its Indian enterprises within the coming four …
Vedanta’s stock surges 8%, reaching a 52-week high following an upgrade by CLSA
Vedanta’s stock Vedanta’s stock has shown recent uptrend, with a nearly 33% surge in April, following a little over 1% gain in the prior month. Vedanta share price surged nearly …
The promoter offloads 1.8% stake in Vedanta through open market sales, fetching over Rs 1,700 crore
The promoter sold 6,55,18,600 shares of the mining company at Rs 265.14 each, according to bulk deals data. Vedanta’s stock closed 4% lower at Rs 268 on Thursday. The sale …