Vedanta gains on dividend payout hopes
The promoter's holding company Vedanta Resources will receive 70% of the amount distributed as dividend13-10-2022
13-10-2022
Govt may clear semiconductor unit proposals in next 30-60 days: MoS IT
The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Speaking at IESA Vision Summit, Chandrasekhar said there has been a tremendous progress in the development of the semiconductor ecosystem in the country in the last 8-9 months. The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investment of Rs 1.53 lakh crore. Vedanta Foxconn JV, IGSS Ventures, ISMC propose to set up electronic chip manufacturing plants with USD 13.6 billion investment and have sought support of USD 5.6 billion from the Centre under the Rs 76,000 crore Semicon India Programme. "Over the next couple of months, I think over next 30 to 60 days... Government of India and India Semiconductor Mission will be rolling out those proposals that have been scrutinized and that12-10-2022
Anil Agarwal-led Vedanta group gets shareholder nod to rejig capital
The development acquires significance since Vedanta's holding company, Vedanta Resources, will receive nearly 70 per cent of the dividend to be distributed12-10-2022
Vedanta Limited - 500295 - Submission Pursuant To Meeting Of Equity Shareholders Of The Company Held On Oct 11, 2022, Through VC/ OAVM, Pursuant To Order Dated 26.08.2022 Of The Hon'Ble NCLT, In The Matter Of Proposed Scheme Of Arrangement Between Company & Its Shareholders
In continuation to our letter VEDL/Sec./SE/22-23/99 dated September 09, 2022, we wish to inform you that in accordance with the Order dated August 26, 2022, in the matter of Scheme of Arrangement between Vedanta Limited and its shareholders passed by the Hon'ble National Company Law Tribunal, Mumbai Bench, a meeting of the equity shareholders of the Company was held on Tuesday, October 11, 2022, at 3.00 p.m. (IST) through Video Conferencing ('VC')/ Other Audio-Visual Means ('OAVM') ('Meeting') and the business mentioned in the Notice convening the Meeting was transacted.12-10-2022
CM Gehlot invites Vedanta to set-up semiconductor industry in Rajasthan
Rajasthan Chief Minister Ashok Gehlot has invited Vedanta Group to set up its semi-conductor chip manufacturing industry in Rajasthan amid a tussle for the project between Maharashtra and Gujarat. During the inaugural session of 'Invest Rajasthan' Summit held here on Friday, the Chief Minister said that there is a protest going on in Maharashtra on the shifting of the factory to Gujarat. "There is a protest going on in Maharashtra that why Anil Agarwal is shifting the industry to Gujarat. A lot of it has appeared in newspapers. I would like to say you (Agarwal) that there is a fight between Maharashtra and Gujarat. So, shift the industry to Rajasthan," Gehlot said. He further said, "There will be no fight. Rajasthan is your own state. Finish this fight. You are doing a very big investment." The Chief Minister said that after corona pandemic, there is a huge crisis for a semiconductor chip, which is used in mobile phones, laptops and even cars. He said that Vedanta Group is digging07-10-2022
Vedanta's medical arm ties up with Anuva for cancer research in India
Vedanta's BALCO Medical Centre (BMC), one of India's leading cancer hospitals, and Anuva, a genomics biotech company with a centre in India and backed by a UK-based hub, on Thursday jointly announced a strategic collaboration to build a Cancer Genomics Biobank for cancer research in India. Anuva and BMC aim to use this cancer bio/data bank for clinical research to identify relevant insights for precision medicine application for cancer in India. The companies said the collaboration leverages the strengths of both organisations the clinical expertise of BALCO Medical Centre and Anuva's biobanking and genomic expertise. "This is another milestone in the journey of BALCO Medical Centre towards becoming India's cancer care destination, said Jyoti Agarwal, Chairperson of BALCO Medical Centre. "Our collaboration with Anuva will bring together the best of knowledge, technology and research to serve the people of India better, through precision medicine and targeted treatment, she said.06-10-2022
Vedanta Limited - 500295 - Social Impact Report For The Financial Year 2021-22
Vedanta Limited ('the Company') is committed to conduct its business in a socially responsible, ethical and environment friendly manner and to continuously work towards improving quality of life of the communities in and around its operational areas. We aim to be at the forefront of aligning ourselves towards the welfare of our communities and fostering sustainable progress and development. Continuing our commitment towards the purpose of giving back as an inherent part of the Vedanta ethos, please find enclosed our Social Impact Report for the financial year 2021-22 which provides a key testament to our vast roadmap towards social development and various impactful programs focused at contributing significantly to social transformation. The said report is available for download and can be accessed on the Company's website at www.vedantalimited.com. Request to please take the same on record.04-10-2022
Vedanta Limited - 500295 - Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011.
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on October 03, 2022 for Finsider International Co. Ltd, Twin Star Holdings Ltd, Vedanta Holdings Mauritius Ltd, Vedanta Holdings Maurtius II Ltd, Vedanta Netherlands Investments BV & Welter Trading Ltd04-10-2022
Vedanta Limited - 500295 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Union Bank of India DIFC Branch04-10-2022
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 October 03, 2022 for Finsider International Co. Ltd, Twin Star Holdings Ltd, Vedanta Holdings Mauritius Ltd, Vedanta Holdings Maurtius II Ltd, Vedanta Netherlands Investments BV & Welter Trading Ltd04-10-2022