Vedanta Group's promoters get pledged shares worth 70,444 crore released
Vedanta has reduced debt by $3 billion since it announced in February 2022 its intention to accelerate deleveraging and reduce its debt by $4 billion within 3 years. Vedanta has thereby achieved 75% of its committed reduction in just 14 months
Top headlines: Warren Buffet faults US govt, Vedanta repays $800 mn & more
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Vedanta Limited - 500295 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 05, 2023 for Twin Star Holdings Ltd & Others Vedanta Limited - 500295 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
The conference call to discuss the Company's results and performance is scheduled to be held after the declaration of financial results on May 12, 2023 as per enclosed schedule. Vedanta Limited - 500295 - Board Meeting Intimation for Notice Of Board Meeting, Closure Of Trading Window And Schedule Of Investor Call On Financial Results
Vedanta Limitedhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/05/2023 ,inter alia, to consider and approve In terms of Regulation 29 and 50 of the Securities and Exchange Board of India ('SEBI') (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the meeting of the Board of Directors of the Company will be held on Friday, May 12, 2023, to inter-alia consider the audited financial results of the Company for the Fourth Quarter and Year ended March 31, 2023.
Vedanta, Torrent, among companies in race for Coastal Energen
In February last year, the Chennai bench of the National Company Law Tribunal (NCLT) admitted the power producer for corporate insolvency after the promoter and lender failed in their repeated attempts to revive the company.
Vedanta pledges 1.91% shares of Hindustan Zinc, 94% of total holding now pledged
The latest 1.91 per cent pledge has been created in favour of Axis Trustee Services, the regulatory filing noted.
Vedanta's Anil Agarwal presses on with plan to raise oil, zinc output
Mining mogul Anil Agarwal is pushing ahead with an aggressive plan to raise oil and gas production, expand output of metals like zinc and aluminum, and foray into semiconductor manufacturing, undeterred by concerns about debt levels at the company. Raised in Patna, Agarwal, who dropped out of school at 15, started his business in Mumbai in 1976 as a scrap-metal dealer. Now he runs a mining and metals empire that spans Britain, India, Africa and Australia. In an interview with PTI, he said mining can help India prosper as tapping into below-the-ground natural resources will not just cut dependence on imports but also create jobs and increase prosperity. Vedanta, the company he founded and is chairman of, has ambitious plans to raise production across the business -- from oil and gas to zinc and aluminum. "We will be producing in two years time 300,000 barrels of oil (and oil equivalent gas) and in 4-5 years' time 500,000 barrels," he said. In the fiscal year that ended March 31, 20 Vedanta Limited - 500295 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company Vedanta Limited 2 CIN NO. L13209MH1965PLC291394 3 Report filed for FY 2022-2023 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* FY 2022-23, FY 2023-24, FY 2024-25 5 Incremental borrowing done in FY (T)(a) 11739.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 2934.75 7 Actual borrowing done through debt securities in FY (T)(c) 4889.00 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) Nil 8Quantum of (d), which has been met from (c)(e)* Nil 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* Nil Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)FY 2021-22, FY 2022-23 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-Prerna HalwasiyaDesignation :-Company Secretary and Compliance Officer Name of the Chief Financial Officer :- Sunil Duggal Designation : -Whole Time Director and CEO Date: 29/04/2023 Vedanta Limited - 500295 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyVedanta Limited 2CIN NO.L13209MH1965PLC291394 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 42023.00 4Highest Credit Rating during the previous FY AA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Prerna Halwasiya Designation: Company Secretary and Compliance Officer EmailId: comp.sect@vedanta.co.in Name of the Chief Financial Officer: Sunil Duggal Designation: Whole Time Director and CEO EmailId: comp.sect@vedanta.co.in Date: 29/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.