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VEDL
VEDANTA LIMITED

271.65 0.05 (0.02%)

Related News for VEDL

Long-term investors should stay away from Vedanta: Rakesh Arora

 03 Oct 09:58 AM

Vedanta, facing debt repayment challenges, is considering a strategic sale and demerger of its entities to remain liquid. This approach allows the company to choose what to sell and offers tax efficiency. However, splitting the debt among the operating companies may raise concerns for lenders. Vedanta Limited, the holding company, could experience a holding company discount and a decrease in dividend yield. While there may be a short-term bounce, long-term investors are advised to stay away from buying the stock.

VEDANTA: VEDANTA BOARD APPROVED A PURE-PLAY, ASSET-OWNER BUSINESS MODEL THAT WILL ULTIMATELY RESULT IN SIX SEPARATE LISTED COMPANIES || FOR EVERY 1 SHARE OF VEDANTA LIMITED, SHAREHOLDERS WILL ADDITIONALLY RECEIVE 1 SHARE OF EACH OF 5 NEWLY LISTED COMPANIES

 29 Sep 04:42 PM

VEDANTA: VEDANTA BOARD APPROVED A PURE-PLAY, ASSET-OWNER BUSINESS MODEL THAT WILL ULTIMATELY RESULT IN SIX SEPARATE LISTED COMPANIES || FOR EVERY 1 SHARE OF VEDANTA LIMITED, SHAREHOLDERS WILL ADDITIONALLY RECEIVE 1 SHARE OF EACH OF 5 NEWLY LISTED COMPANIES

VEDANTA: VEDANTA LIMITED ANNOUNCES DEMERGER OF DIVERSIFIED BUSINESSES UNLOCKING SIGNIFICANT VALUE || BOARD OF DIRECTORS HAVE CONSIDERED AND APPROVED THE DRAFT SCHEME OF ARRANGEMENT

 29 Sep 04:41 PM

VEDANTA: VEDANTA LIMITED ANNOUNCES DEMERGER OF DIVERSIFIED BUSINESSES UNLOCKING SIGNIFICANT VALUE || BOARD OF DIRECTORS HAVE CONSIDERED AND APPROVED THE DRAFT SCHEME OF ARRANGEMENT

Vedanta to spin off, list five more commodities businesses to unlock value

 29 Sep 04:38 PM

Vedanta, an Indian metals-to-oils conglomerate, has announced plans to demerge its business units into independent companies in order to unlock value and attract investments. The proposed entities include Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Metals, Vedanta Base Metals, and Vedanta Limited. The announcement has resulted in a 6.8% increase in Vedanta's shares.

Vedanta Resources extends inter company loan from Cairn India by a year at revised terms of 17% vs 7% earlier

 22 Jul 12:11 PM

Apart from extending the inter company loan and revising terms, on Friday, the management informed investors that the brand fee or royalty from Vedanta Limited has increased from 2% to 3%, and the revised rate will remain fixed for six years but may be reviewed periodically, the company management informed analysts and investors during the earnings call on Friday.

Vedanta Group rejigs semiconductor biz, brings it under Twin Star

 07 Jul 07:33 PM

"The acquisition will be effected by way of a share transfer at face value of Twin Star Technologies Limited's (TSTL) Semiconductor and Display SPVs. TSTL is a wholly owned subsidiary of Volcan Investments Limited, the ultimate holding company of Vedanta Limited," Vedanta said in a statement.

Vedanta resources looks at refinancing, brand monetisation for debt repayments

 19 Jun 12:33 AM

To help tide over the repayment requirement, the percentage of royalty from Indian listed entity Vedanta Limited has increased from 2% to 3% starting this year. Also, Vedana Resources Ltd. (VRL) had informed investors earlier this month that it has entered into a similar royalty agreement with Hindustan Zinc and fixed the royalty percentage at 1.7%.

NCLT approves Adani Ports and SEZ’s takeover of Karaikal Port

 02 Apr 11:37 AM

Adani Ports and Special Economic Zone was pitted against Vedanta Limited, JSW Infra, a consortium of RKG Fund and Sagacious Capital and Jindal Power all of whom had submitted expressions of interest to acquire Karaikal Port. ET had first reported on 2 December that Adani Port and Special Economic Zone had emerged as the winning bidder for Karaikal Port.

Vedanta may have a fair chance to run Sterlite plant again: Sunil Duggal, Group CEO, Vedanta Limited

 23 Feb 12:20 AM

On Vedanta Zinc International, we believe that this year our production will be up by around 50% compared to last year. This company has reserves that are more than Hindustan Zinc today, asserted Sunil Duggal, Group CEO, Vedanta Limited.

Which one owns the semiconductors business: Vedanta Limited or Vedanta Resources?

 15 Sep 01:44 PM

In an exchange filing dated February 16, the company said “The proposed business of manufacturing semiconductors is not under Vedanta Limited and we understand that it will be undertaken by the holding company”