Vedanta Ltd repays high-cost loan, reduces debt, and strengthens balance sheet with refinancing package and improved terms.
Last month, Vedanta had announced that it has received approval from its shareholders and creditors for the demerger.
Vedanta Base Metals will be retained in legacy Vedanta Ltd., and will not impact the scheme. The company reported a jump of 76% year-on-year in its consolidated net profit to Rs 3,547 for Q3 FY25.
Vedanta Ltd's promoters will retain over 50% stake in its demerged entities to create focused companies that can capitalize ...
Vedanta Limited ("VEDL" or "Company"), a subsidiary of Vedanta Resources Limited, is leading global natural resources conglomerate operating across India, South Africa, Namibia, Liberia ...
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Mining giant Vedanta Ltd on Friday reported a rise in production of aluminium, zinc and iron ore in the September quarter. However, the production of steel, mined metal overseas and oil and gas ...
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New Delhi: Mining conglomerate Vedanta Ltd repaid a $900 million high-cost loan through a mix of QIP proceeds and a new $350 million facility at a lower interest rate, resulting in $550 million ...
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