Vedanta shares drop 7% following major block deal, promoters possibly selling stake

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On Wednesday, 2% of company eqity changed hands via block deals & stock price dipped 6.5%

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Vedanta Resources plans to sell a 2.5% minority stake, nearly 90 million shares of Vedanta, raising around Rs. 4000 crore for repaying debt

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Vedanta Promoters Plan

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Vedanta’s stock corrects 16% from 52-week High to Rs 506.85

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Vedanta shares drop 7% following major block deal, promoters possibly selling stake

On Wednesday, 2% of company eqity changed hands via block deals & stock price dipped 6.5%

Vedanta Resources plans to sell a 2.5% minority stake, nearly 90 million shares of Vedanta, raising around Rs. 4000 crore for repaying debt

Vedanta Promoters Plan

Parent entity Vendanta Resources is looking to reduce it's debt by $3 billion over next three years.

A combined 226.79 million equity shares were traded on NSE and BSE.

Vedanta’s stock corrects 16% from 52-week High to Rs 506.85

With Our Subscription Plans

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Vedanta shares drop 7% following major block deal, promoters possibly selling stake

On Wednesday, 2% of company eqity changed hands via block deals & stock price dipped 6.5%

Vedanta Resources plans to sell a 2.5% minority stake, nearly 90 million shares of Vedanta, raising around Rs. 4000 crore for repaying debt

Vedanta Promoters Plan

Parent entity Vendanta Resources is looking to reduce it's debt by $3 billion over next three years.A combined 226.79 million equity shares were traded on NSE and BSE.

Vedanta’s stock corrects 16% from 52-week High to Rs 506.85

With Our Subscription Plans

Open demat account in 5 minutes*

Parent entity Vendanta Resources is looking to reduce it's debt by $3 billion over next three years.

A combined 226.79 million equity shares were traded on NSE and BSE.