vedanta block deal: Vedanta shares tumble 9% as promoter entity likely sold stake

The floor price for the transaction, valued at $501 million or Rs 4,130 crore, is said to be at Rs 258.5 a share, implying a 5% discount to Wednesday's closing price of Rs 272.8 on NSE. Twin Star Holdings held a 46.4% stake in Vedanta, data showed.

Related Keywords

,Star Holdings ,Anil Agarwal Led Vedanta ,Twin Star Holdings ,United Kingdom Listed ,Vedanta Resources ,