Through open market transaction, promoter group Vedanta Holdings Mauritius II Limited bought 4,43,43,139 equity shares from Westglobe Limited in Vedanta Limited at Rs 340.4 per share on the NSE, according to bulk deals data on Friday. Get more Markets News and Business News on Zee Business.
Vedanta promoters float open offer for 10% stake at Rs 160 per share
Vedanta promoters are offering Rs 160 per share under the open offer, which is at a 12 per cent discount as compared to the current market price of Rs 178.85
BusinessToday.In | January 9, 2021 | Updated 22:45 IST
The promoters of Vedanta Limited have announced a voluntary open offer to acquire around 37.2 lakh equity shares of the company from public shareholders. This represents 10 per cent of entire equity stake of the company.
The promoter group that has floated the open offer includes Vedanta Resources Limited together with Twin Star Holdings Limited, Vedanta Holdings Mauritius Limited and Vedanta Holdings Mauritius II Limited.
House passes bill to increase $600 stimulus checks to $2,000 (SPY +0.4%). Surge in online shopping is straining America s busiest port.
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European markets are broadly higher today with shares in London leading the region. The FTSE 100 is up 2.07% while France s CAC 40 is up 1.20% and Germany s DAX is up 0.14%.
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