[Sticky] Vedanta Resources Denies Stake Sale Rumors

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!