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VEDL - Vedanta News Story

₹115.95 2.2  1.9%

Last Trade - 10:05am

Sector
Basic Materials
Size
Large Cap
Market Cap £4.30bn
Enterprise Value £7.09bn
Revenue £8.61bn
Position in Universe 67th / 2996

BRIEF-Vedanta Says Received Letter From Vedanta Resources Expressing Intention To Acquire All Fully Paid-Up Equity Shares Of Co

Tue 12th May, 2020 10:11pm
May 12 (Reuters) - Vedanta Ltd  VDAN.NS :
    * VEDANTA - HAS RECEIVED LETTER DATED MAY 12 FROM VEDANTA
RESOURCES LTD EXPRESSING INTENTION TO ACQUIRE ALL FULLY PAID-UP
EQUITY SHARES OF CO
    * VEDANTA - RECEIVED LETTER FROM ONE OF THE MEMBERS OF
PROMOTER &
PROMOTER GROUP OF COMPANY NAMELY, VEDANTA RESOURCES LTD
    * VEDANTA - VRL, OTHER MEMBERS OF PROMOTER GROUP PRESENTLY
HOLD
51.06% OF PAID-UP EQUITY SHARE CAPITAL OF CO, EXCLUDING ADS
ISSUED BY CO
    * VEDANTA LTD - PURSUANT TO LETTER, VRL HAS REQUESTED THE
BOARD OF
DIRECTORS OF THE COMPANY TO CONVENE A BOARD MEETING

Source text: (https://bit.ly/3cnboA1)
Further company coverage:  VDAN.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
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