With this transaction, promoters stake in the company will likely to increase from 50.14% to 55.04%. These stocks can impact the indices when it reopens on Thursday, December 24, 2020. The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vedanta Holdings Mauritius II Ltd & PACs. From those modest beginnings has grown what is now the largest Vedanta society in the Western world, the Vedanta Society of Southern California, or VSSC for short. Damaged screens making you switch, facts you must know, Budget 2021: Bad banks plan back on table to tackle NPAs. Aditya Birla Sun Life Tax Relief 96 Direct-Growt.. Mirae Asset Emerging Bluechip Fund Direct-Growth, ICICI Prudential Bluechip Fund Direct-Growth, Stock Analysis, IPO, Mutual Funds, Bonds & More, Board Meeting : Voluntary Delisting of Shares. Overall, 32 shares were trading in green in Nifty50 index, while 18 were trading in red in the afternoon trade. The group’s holding company Vedanta Resources has a debt of about $6.7 billion (~Rs 49,000 crore) and Vedanta Ltd is its primary source for cash flows to service its obligations. Vedanta Ltd Spurts 2.32%, S&P BSE Metal index Gains 1.63% Dec 22,2020 Vedanta Ltd Slips 2.18%, S&P BSE Metal index Shed 1.15% Dec 15,2020 More News & Updates on Company Let the production go on. The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Citicorp International Ltd (as a trustee for the holder of Bonds). In separate BSE filings today, both companies informed about the meeting of their Boards. These stocks may buzz the most during the day. Vedanta is one of the world's leading oil and gas and metals company with significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel and aluminium and power sectors across India, South Africa, Namibia and Australia. Filing complaint not easy, Xiaomi turns profitable in third year in India. ... Today: 52-Wk: Bid: Offer: Copyright © e-Eighteen.com Ltd All rights resderved. The rating was downgraded to B1 from Ba3. ... Board Meeting : Half Yearly Results. List of such five stocks: Vedanta: Promoters of Vedanta Limited has plans to buy 18.5 crore equity shares (4.98 per cent stakes) in the company on Thursday through block deals. NIIT’s board has approved a share buyback proposal. Vedanta News and Announcements/notices, Live Vedanta corporate announcement on Deals, Bonus, Rights, Stock Splits, Dividends, Board Meetings, Quarterly Results on Moneycontrol. ... Today we are just at the tip of the iceberg... We have today 500 mines which (are) not operating for some dispute. Board … India's first automated national-level gas trading platform was launched in June this year to promote and sustain an efficient and robust gas market and foster gas trading in the country. India is dependent on imports for 85 per cent of its needs and the government is pushing domestic explorers to raise output to help cut down imports. Results are yet to be officially declared but lenders who were individually informed about the voting said about 94% of the creditors by value voted for Twin Star; much higher than the 66% mandated by law to comfortably make it the preferred bidder. See fundamentals, technicals, peer comparison, shareholding change Updated: 12 May 2020, 08:29 PM IST Dhirendra Tripathi. Updates on Disclsoure Vedants Resources Ltd has submitted clarification letter to the excahange in continuation of earlier disclsoure submitted under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 03, 2020 for Finsider International Company Ltd, Westglobe Ltd, Welter Trading Ltd & Twin Star Holdings LtdFinsider International Company Ltd, Westglobe Ltd, Welter Trading Ltd & Twin Star Holdings Ltd, Dollar bounces off 2018 lows on safe-haven buying, euro profit-taking, Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. "Moody's Investors Service has downgraded Vedanta Resources Limited's (Vedanta) CFR to … The company priced the January 2024 bond on Wednesday at a yield of 13.875 per cent. Request to please take the same on record. The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. The date for declaration of the financial results for the Third Quarter and Nine Months ended December 31, 2020 shall be announced in due course. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Now would be a good time for the country to bolster efforts to tap domestic fossil fuel resources more effectively. Vedanta Ltd.’s board of directors will meet today to consider the delisting proposal L&T Technology has reported increased profits in their Q4 results FII sold Rs 2388 crores and DII sold Rs 1,225.53 crore in the Indian […] The board of directors of Vedanta, which was scheduled to meet on Tuesday to consider quarterly results for the period ended June 2020, has been deferred. .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}, -80.74 (-0.17%) Vedanta on Wednesday informed the exchanges that it would be holding a board meeting to consider an interim dividend, on October 24. They had proposed a floor price of Rs 87.25 per share . The Vedanta Group’s $10 billion project to set up India’s first plant to make flat panel displays for televisions from scratch is likely to be scrapped after failing to obtain subsidies under the government’s Modified Special Incentive Package Scheme (M-SIPS), two senior executives said. Vedanta Ltd on Monday said its board has approved the proposed de-listing of mining baron Anil Agarwal's flagship Indian unit from the BSE and the National Stock Exchange. The proposal has come about after years of lobbying by producers, mainly from the private sector, which saw the state allocation of crude as an unnecessary control on producers. Moody's has also downgraded the ratings on the senior unsecured bonds issued by Vedanta Resources (VRL) and those issued by Vedanta Resources Finance II Plc (VRF) and guaranteed by VRL to Caa1 from B3. Updated: 28 Dec 2020, 07:50 AM IST Devansh Sharma. The notes will be partly secured by shares in Mumbai-listed unit Vedanta Ltd., according to separate exchange filings from Vedanta and the U.S. hedge fund. Board Meeting - February 11, 2021. India, the third-largest oil consumer after the US and China, needs to ensure supply security, especially in the crucial post-Covid economic recovery phase. Mining conglomerate Vedanta Ltd on Thursday said it would be holding a board meeting on October 24 to consider and approve the first interim dividend for the current financial year. Vedanta’s independent directors, at the May 18, 2020 board meeting, must articulate whether shareholders must vote in support of the delisting, and indicate a price range that they believe reflects the intrinsic value of the stock. Vedanta Limited has submitted to the Exchange a copy of the Notice alongwith Explanatory Statement of Court Convened Meeting and Postal Ballot. On the 18th of May, the Board of Directors of Vedanta Ltd held a meeting to decide whether Vedanta Ltd should be delisted or not. New Delhi: Moody's Investors Service on Tuesday said it has downgraded Vedanta Resources Limited's (Vedanta) corporate family rating (CFR). Coverage of CGD projects are being expanded to 232 geographical areas spread over 400 districts, with potential to cover about 53 per cent of the country's geography and 70 per cent of population, Pradhan said. Never miss a great news story! 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The company has fixed record date as October 31 to determine the en Earlier in the day, the benchmark equity indices marched higher for the third session on the trot, propelled by Reliance Industries and financial stocks, amid a positive trend in global markets. Vedanta board to meet on Saturday to consider first interim dividend. ET on Thursday, February 11, 2021 to comply with COVID-19 guidelines supporting the health and safety of TVA team members, the public and their families during the ongoing pandemic. This is for your information and records. 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Dividend & Qtr Results. Join financial experts to secure your golden years with early planning. Vedanta had on Tuesday informed stock exchanges about its promoters raising USD 1 billion debt by issuing equivalent notes to Citicorp International Ltd and another USD 400 million in notes to an entity under Oaktree Capital Group. The shares of Vedanta Resources fell nearly a percent and a half on Tuesday morning (May 19) after the Board of Directors approved the delisting of the stock at ₹87.5 a piece. The next board meeting of Vedanta is to be held today for Quarterly Results. Vedanta News - Get the Latest Vedanta News, Announcements, Photos & Videos on The Economic Times. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on December 29, 2020 for Vedanta Holdings Mauritius II Ltd, The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 29, 2020 for Vedanta Holdings Mauritius II Ltd. Future group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees. YES Bank board has approved promotion of Niranjan Banodkar as the Group Chief Financial Officer (CFO). In compliance with the Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and Insider Trading Prohibition Code of the Company (Code), the Trading Window shall be closed for all the Designated Persons of the Company as defined in the Code for dealing in securities of the Company from Friday, January 01, 2021 till the expiry of 48 hours after the declaration of unaudited financial results of the Company for the Third Quarter and Nine Months ended December 31, 2020. Cairn India said: "A meeting of Board of Directors of the company will be held on June 14, 2015, inter alia, to consider and evaluate amalgamation of the company with Vedanta Ltd." "The maximum revenue comes from the natural resources. Pursuant to Regulation 30 of Listing Regulations, please find enclosed herewith a Press Release titled Vedanta Limited wins Radhikapur West Coal Block. Reliance has raised another round of Private Equity funds. Vedanta Resources plans to use the money to finance a buyback offer for $670 million of notes maturing in June 2021. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on December 28, 2020 for Finsider International Company Ltd, Westglobe Ltd, Welter Trading Ltd, Twin Star Holdings Ltd & Vedanta Holdings Mauritius II Ltd, The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 28, 2020 for Finsider International Company Ltd, Westglobe Ltd, Welter Trading Ltd, Twin Star Holdings Ltd & Vedanta Holdings Mauritius II Ltd. Shares of Vedanta saw huge demand after reports said promoters could buy up to 5 per cent in the company after a failed delisting bid. The promoter entities here include Vedanta Mauritius Limited, Finsider International, Westglobe Limited, Welter Trading Limited and Twin Star Holdings Limited. 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