Vedanta sees more C-suite exits amid crucial demerger and debt …
WEB16 hours ago · The bulk of the earnings at Vedanta Ltd and Hindustan Zinc are distributed as dividends to serve the capital needs of Vedanta Resources. In June, the company raised about $500 million by selling a ...
Stock to watch: Vedanta shares to remain in focus today ahead of …
WEB14 hours ago · Shares of Anil Agarwal-led Vedanta are likely to remain in focus as the company recently announced that it will be considering and approving the fourth interim dividend for FY25 in its upcoming board meeting, to be held today, i.e, October 8. “Pursuant to Regulation 29 of Listing Regulations, Notice is hereby given that the meeting of the Board of Directors of the Company (the “Board ...
Vedanta To Announce 4th Interim Dividend On Oct 8, Record …
WEB18 hours ago · Vedanta stocks dipped by nearly 2% on October 7, ahead of the board meeting. Also, the performance comes after Vedanta reported a record Aluminium production of 1205 kt in 1H, while Alumina ...
Why the Vedanta chief said India’s iron ore industry is ‘dying’ — …
WEB2 days ago · News; Business; Why the Vedanta chief said India’s iron ore industry is 'dying' — and why the govt disagrees; Why the Vedanta chief said India’s iron ore industry is ‘dying’ — and why the govt disagrees Anil Agarwal flagged high auction premiums, slow mine operationalisation on X; Auction premiums not paid out of company’s total ...
Vedanta Announcement, Latest News on Vedanta - The Economic Times
WEB4 days ago · Vedanta achieved its highest-ever quarterly and half-yearly aluminium production at 1205 kt. Alumina production increased 21% YoY, and Zinc India's refined metal production rose 5% YoY. The company also saw a 37% YoY growth in consolidated net profit for Q1 ending June 2024.
Vedanta stock rallies 15% in one week as market cap climbs to Rs …
WEBSep 27, 2024 · A sharp rally in the stock price of Vedanta has seen the Vedanta Group company's market capitalisation surpass the Rs 2-trillion mark on Friday. At 10:08 AM, with a market cap of Rs 2 trillion, Vedanta was trading 2 per cent higher at Rs 512.20. In comparison, the BSE Sensex was up 0.14 per cent at 85,959.
Vedanta secures 75% creditor approval for major demerger plan
WEBJul 31, 2024 · NEW DELHI: Anil Agarwal-led Vedanta Limited has received approval from 75% of its secured creditors to proceed with its proposed demerger. With creditors’ approval, Vedanta can now seek...
Vedanta expects demerger of units to be completed by December …
WEBApr 17, 2024 · Mining conglomerate Vedanta expects demerger of five of its key businesses, including aluminium, oil and gas, and steel, into separate listed entities, to be completed by December 2024, Chairman...
Vedanta announces demerger to split business into six listed entities
WEBSep 29, 2023 · Billionaire Anil Agarwal-owned Vedanta Limited on September 29 announced creation of independent verticals through demerger of underlying companies, mainly its metals, power, aluminium, and oil...
WEB29 September, 2023, New Delhi / London: Vedanta Limited, India’s largest diversified natural resources company with a significant global footprint announces its plan to demerge its business units into independent “pure play” companies to unlock value and attract big ticket investment into the expansion and growth of each of the businesses.