Will Vedanta's open offer be a precursor to delisting?
The new open offer plan of Vedanta promoters at Rs 160 a share to buy 10 per cent stake from the public is seen as a renewed attempt towards delisting of Vedanta Ltd. The offer price is lower than the current market price of Rs 175 Vedanta Limited - 500295 - Announcement under Regulation 30 (LODR)-Open Offer - Updates
In connection with the receipt of the public announcement dated January 09, 2021 regarding the voluntary open offer made by Vedanta Resources Limited along with persons acting in concert ('Public Announcement') and subsequent corrigendum dated January 14, 2021 issued to the Public Announcement, this is to inform you that the Company has received a copy of the detailed public statement (published on January 15, 2021) ('DPS'). A copy of the DPS is enclosed herewith for your reference and records. Request you to disseminate the said information on your website. Vedanta Limited - 500295 - Updates on Open Offer
JP Morgan India Pvt. Ltd. ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulation 6 read with 13(4), 14(3) and 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended to the Public Shareholders of Vedanta Ltd ("Target Company"). Vedanta Limited - 500295 - Announcement under Regulation 30 (LODR)-Public Announcement-Open Offer
In furtherance to the Company letter no. VEDL/Sec./SE/20-21/155 dated January 09, 2021 wherein the Company had informed the Stock Exchange about the receipt of the public announcement regarding voluntary open offer made by Vedanta Resources Limited along with persons acting in concert ('Public Announcement'), this is to inform you that a corrigendum dated January 14, 2021 has been issued to the Public Announcement ('Corrigendum'). A copy of the Corrigendum is enclosed herewith for your reference and records. Request you to disseminate the said information on your website. Vedanta Limited - 500295 - Corrigendum to Open Offer
JP Morgan India Pvt. Ltd. ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Public Announcement dated January 09, 2021 for the attention of the Public Shareholders of Vedanta Ltd ("Target Company").
Promoters to acquire 10% stake in Vedanta: Should investors tender shares in open offer?
In the past two months, Vedanta's share price has outperformed the market, surging around 26 percent and 33 percent in November and December, respectively. Tata Steel, Vedanta: Tech charts signal more upside in metal stocks
Going forward, analysts at Phillip Capital expect metal companies to report further improvement in operating performance in Q3FY21 results Vedanta Limited - 500295 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Asset Management Company Ltd Vedanta Resources launches open offer to acquire 10% stake in Indian unit
The parent has offered to buy up to 37.17 crore shares from public shareholders of Vedanta at Rs 160 apiece, according to an exchange filing. Vedanta Resources promoters launch open offer for 10% of India unit
If Vedanta Ltd. holders were to accept share tenders for the entire 10%, the consideration for the deal would be Rs 5,948 crore