Tag Archives: vedanta

[ad_1] Billionaire Anil Agarwal on Tuesday announced intention to take his Indian listed firm Vedanta Ltd private by buying out shares held by public. Agarwal-controlled Vedanta Resources will offer Rs 87.5 per share to nearly 49 per cent public shareholders of Vedanta Ltd. This price is lower than Tuesday’s Rs …

[ad_1] Mumbai: Major Vedanta miner is ready to take private business In a presentation of the stock exchange at dusk, billionaire Anil Agarwal’s company announced the decision of its parent, Vedanta Resources. Promoters’ stake in the company was 50.14 percent, while public shareholders had 49.46 percent according to participation data …