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Vedanta sets May 1 as record date for demerger; approves 1:1 share allotment across 4 entities
Under the composite scheme of arrangement, shareholders of Vedanta will receive equity shares in four businesses — Vedanta Aluminium Metal Ltd (VAML), Talwandi Sabo Power Ltd (TSPL), Malco Energy Ltd (MEL) and Vedanta Iron and Steel Ltd (VISL) — in proportion to their existing holdings. Shares of Vedanta Ltd ended at ₹770.65, down by ₹16.95, or 2.15%, on the BSE today, April 20.
Deven Choksey backs power stocks, sees dips in Vedanta as buying opportunity
Deven Choksey of DRChoksey Finserv remains constructive on the power and utilities space, highlighting names like Tata Power, Adani Power and PFC as steady bets despite valuations not being cheap. He prefers large cement players over regional ones, citing scale and cost advantages. For Vedanta, he believes the recent setback is not structural and any dip could offer a buying opportunity. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Vedanta shares in focus after 10 workers killed in Chhattisgarh plant incident. Company responds
Vedanta Limited shares: The company reporteda boiler accident at its Chhattisgarh power plant, which left 10 workers dead and 24 injured. The company has launched an investigation with authorities and is assessing further details of the incident.
Vedanta power plant blast in Chhattisgarh kills 14, multiple injured
On Monday (April 13), shares of Vedanta Ltd ended at ₹752.50, up by ₹7.40, or 0.99%, on the BSE.
Stocks in news: ICICI Pru Life, Anand Rathi Share, LIC, Vedanta, HAL - The Economic Times
Stocks in news: ICICI Pru Life, Anand Rathi Share, LIC, Vedanta, HALThe Economic Times
Vedanta boiler blast at Chhattisgarh power plant kills 11, injures 22
A boiler explosion at Vedanta’s Singhitarai power plant in Chhattisgarh’s Sakti district killed 11 workers and injured 22 others on Monday. The affected personnel were working for a sub-contractor operating and maintaining the unit. Vedanta said it is providing medical assistance to the injured and coordinating with authorities, while an investigation has been launched to determine the cause of the blast.
Stocks to Watch for April 15: Vedanta, ICICI Prudential, LIC, LG Electronics India and more
From ICICI Prudential AMC and Just Dial reacting to their quarterly results to LG Electronics India and Bharat Coking Coal seeing their respective shareholder lock-in ending, these are the important stocks that should be on your radar for Wednesday's trading session.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers
On April 6, the Indian stock market gained, with the Nifty 50 up 0.68% to 23,123 and the S&P BSE Sensex rising 0.69% to 74,616. Nifty IT led sector gains at 2.5%, while PSU banks fell by 0.72%. Investors await the RBI policy decision.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers - Mint
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainersMint
Supreme Court refuses to stay Adani’s JAL resolution plan in setback for Vedanta
The Supreme Court allowed Adani Enterprises’ JAL resolution plan to proceed but said major decisions need NCLAT approval, while agreeing to hear Vedanta’s challenge on April 10.
SC to hear Vedanta's stay plea against Adani's Jaiprakash Associates takeover
Vedanta, owned by Anil Agarwal, had outbid Adani Group in one of the largest and most keenly tracked insolvency cases in the country. The committee of creditors, though, opted for the resolution plan offered by the Adani Group because of higher upfront payments. Vedanta has told the Supreme Court that the insolvency process lacked transparency and failed to maximise value for creditors. It alleged that the process followed by JAL's committee of creditors in approving the plan of the Adani Group was "unfair, opaque, and inequitable".
Vedanta FY26 output hits record highs in Aluminium, Zinc; Hydrocarbon output slips
Vedanta Limited reported record FY26 production across aluminium, alumina and zinc, with alumina output surging 48% and mined metal at Zinc India hitting an all-time high. Power sales and copper output also posted strong growth. However, oil and gas production declined 16% year-on-year, weighing on overall performance.