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Vedanta to invest $1.5 bn across oil, zinc, steel businesses

 Billionaire Anil Agarwal's Vedanta Ltd on Friday said it will invest USD 1.5 billion across its oil and gas, zinc and steel businesses. Its board at a meeting on Friday approved USD 687 million capital spending for drilling of new wells at the firm's oil and gas unit, Cairn Oil & Gas, Vedanta said in a stock exchange filing. It also approved a USD 466 million phase-2 expansion of the Gamsberg zinc project in South Africa and another USD 348 million for steel expansion. The USD 687 million "capex investment is towards infill wells, development and exploration. The strategic priority for the Cairn Oil & Gas business is to increase near-term volume through infill wells and add resources through exploration," the filing said. It said that USD 360 million have been earmarked for infill wells in the prolific fields viz Mangala, Bhagyam, Aishwariya, Aishwariya Barmer Hill (all in Rajasthan block) and Ravva in eastern offshore. "The exploration work programme with capex investment of .
25-03-2022
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Vedanta Limited - 500295 - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ("Listing Regulations")

 Pursuant to Regulation 30 of Listing Regulations, we wish to inform you that the Board of Directors of the Company at their meeting held today, March 25, 2022 have approved the enclosed projects. We request you to kindly take the same on record.
25-03-2022

Why Vedanta shares touched a new 52-week high?

 The elevated demand for the commodities Vedanta produces such as steel, aluminium, zinc would support the company's expansion in capacities
22-03-2022
Bigul

Vedanta Ltd - 500295 - Intimation For Change In Status / Name Of Registrar & Transfer Agent (RTA)

 The Company's Registrar & Transfer Agent (RTA) has informed that pursuant to the change in its status from a private limited company to a public limited company, its name has been changed from KFin Technologies Private Limited to KFin Technologies Limited. The details related to address, contact and email ID continue to remain same as enclosed. Request you to please take the above on record.
21-03-2022
Bigul

Vedanta Ltd - 500295 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 In terms of Regulation 30(6) of the Listing Regulations, 2015, please find enclosed the Schedule of Analyst / Institutional Investor Meet.
15-03-2022
Bigul

Vedanta Limited - 500295 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Intimation under Regulation 39(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
15-03-2022

Vedanta, Jindal Power among 17 to show interest in SREI resolution

 Resolution plan by April 30, but deadline can be stretched on request
13-03-2022

Vedanta's Anil Agarwal bets $4 bn on oil hunt amid price surge

 Cairn's plan stands out compared to producers around the world, most of whom are staying away from committing investments in oil and gas
11-03-2022

Vedanta down 2% after Societe Generale sells 0.6% of metal major

 France-based financial services company Societe Generale on March 3 sold 2.24 crore shares amounting to 0.6 percent of metal major Vedanta at an average price of Rs 391.74 for nearly Rs 880 crore
04-03-2022

Vedanta touches 52-week high after board declares third interim dividend

 In September, Vedanta announced an interim dividend Rs 18.50 a share and in December Rs 13.50 per share.
03-03-2022
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