[Sticky] Vedanta Resources Denies Stake Sale Rumors
Topic starter
23/06/2024 4:48 am
Â
Hey, did you hear about Vedanta Resources? There were these reports flying around last week saying they were planning to sell a 2.5% stake in Vedanta Ltd for over ₹4,000 crore. Well, Vedanta's parent company just came out and completely denied it. They said there’s no way they’re selling any part of their stake. As of the last quarter, they held 61.95%, so it’s a pretty big deal that they’re holding firm. It’s interesting because Vedanta has been the biggest wealth creator so far in FY25, so you can imagine why everyone’s buzzing about it!
Â
ReplyQuote
Topic Tags
Forum Jump:
Related Topics
-
"Markets Open on Mahaparinirvan Diwas!"
2 weeks ago
-
Political Turmoil Shakes Global Markets
2 weeks ago
-
"Markets Shaken Across Asia: Political Drama & Economic Jitters"
2 weeks ago
-
Shuttle Pharma's Big Strides in Brain Cancer Research
1 month ago
-
NIA Joins Global Push for Sustainability
1 month ago
Forum Information
- 14 Forums
- 437 Topics
- 437 Posts
- 0 Online
- 51 Members
Our newest member: Ajay
Forum Icons:
Forum contains no unread posts
Forum contains unread posts
Topic Icons:
Not Replied
Replied
Active
Hot
Sticky
Unapproved
Solved
Private
Closed