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Vedanta strengthens balance sheet by repaying $900 million loan, reducing interest costs, improving terms, and achieving net ...
Mining conglomerate Vedanta Ltd repaid a USD 900 million high-cost loan through a mix of QIP proceeds and a new USD 350 million facility at a lower interest rate, resulting in USD 550 million net ...
“Vedanta Limited has received approval from its shareholders and creditors for its proposal to demerge the company into five independent, sector-specific companies,” according to a stock ...
Vedanta share price gained after the company received approval from its shareholders and creditors for its proposed demerged plan.(Photo: Reuters) Vedanta share price pared intraday losses to ...
Vedanta Ltd., a leading private-sector mining giant last week secured approval from its shareholders and creditors to proceed with its much-anticipated demerger plan. The restructuring will result ...
(Reuters) Vedanta has been making headlines with its demerger plan and splitting the 5 different businesses. The stock has rallied nearly 4% intra-day today. However, the company recently hit a ...
Feb 20 (Reuters) - Vedanta's (VDAN.NS), opens new tab shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on ...
After the completion of the arrangement, every Vedanta Ltd shareholder will receive an additional share in each of the four new companies on the completion of the demerger process. Which will be the ...
Vedanta’s restructuring plan involves splitting the company into five distinct listed entities, Vedanta, Vedanta Aluminium Metal, Talwandi Sabo Power Limited, Malco Energy, and Vedanta Iron and Steel.