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Vedanta readies $5.2 billion refinancing after rating upgrades
Anil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower borrowing costs following recent credit-rating upgrades. The refinancing will cover $3.6 billion of bonds maturing between 2028 and 2033 and $1.6 billion of loans due from 2028 onward.
Vedanta, Hindustan Zinc shares slip 1% after Anil Agarwal-led company confirms ED visit to offices
Shares of Vedanta and Hindustan Zinc fell 1% on June 3 after the Enforcement Directorate visited their offices amid a FEMA investigation. Vedanta confirmed its cooperation with authorities while reiterating its commitment to regulatory compliance.
ED searches against Vedanta Group in FEMA case
It is understood that the raids were launched against the business house, promoted by billionaire Anil Agarwal, on Monday.
Vedanta premises see Enforcement Directorate search operations; Stock falls
In an exclusive interaction with CNBC-TV18 last month, Vedanta Group Chairman Anil Agarwal said that all the other demerged entities will begin trading as independent entities by the end of June.
Vedanta shareholders get an important message from Chairman Anil Agarwal; Here's what he said
Shares of Vedanta have surged nearly 30% so far this month, the first full one after the demerger exercise, which has turned out to be the best that the stock has had since April 2024.
Vedanta Resources looking to rejig $5.5 bn holdco debt in one go
Anil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-3.7 billion through 10-year bonds and $1.5-1.7 billion via five-year loans. This move seeks to better align debt repayments with dividend inflows from its operating companies.
Hindustan Zinc to evolve from silver, zinc to multiple critical minerals, says Chairperson Priya Agarwal Hebbar
Hindustan Zinc is transforming into a multi-metal and critical minerals platform, aiming to reduce India's import dependence. The company achieved record mined and refined zinc production in FY25-26, alongside significant silver output. This strategic shift, driven by operational discipline and cost efficiency, reinforces its position as a key contributor to India's self-sufficiency and future growth.
Vedanta demerger sets stage for value unlocking, global scale: Chairman Anil Agarwal
Vedanta Limited is entering a new phase with its demerger effective May 2026, aiming to unlock value through independent businesses. Strong FY26 earnings, rising profits and expansion plans across segments position it for sustained long-term growth.
As Vedanta Group posts record FY26 earnings, Chairman Anil Agarwal lays out vision for a ‘very exciting new chapter’
Vedanta Group reported a record profit of ₹25,096 crore in FY26, driven by a revenue of ₹1,74,075 crore. The company plans a demerger to create sector-focused entities, enhancing growth strategies and financial flexibility, with significant investments in aluminium, oil, and power sectors.
Vedanta alleges Jaiprakash bid process was 'tailor-made' for Adani despite its higher offer
Anil Agarwal's firm tells NCLAT that lenders ignored its superior bid, questioning transparency and fairness in the high-stakes insolvency case for Jaiprakash Associates Ltd.
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 chairman Anil Agarwal pushes for unlocking domestic natural resource potential amid West Asia crisis
Highlighting how global conflicts can directly impact countries dependent on imports, Agarwal said India must reduce its reliance on overseas resources and build self-sufficiency by enabling domestic production.