Sebi issues administrative warning to Vedanta

Sebi issues administrative warning to Vedanta

Mining conglomerate Vedanta has been warned by markets regulator Sebi to strengthen its internal control for corporate announcements and press releases. Vedanta told exchanges that it has received a letter from NSE, annexing a letter issued by Sebi in which an administrative warning has been issued to Vedanta. “The company has been directed to place … Read more

Promoter entity Twin Star sells 4.1% stake in Vedanta for Rs 3,983 cr; two FIIs buy

Promoter entity Twin Star sells 4.1% stake in Vedanta for Rs 3,983 cr; two FIIs buy

Twin Star Holdings, the majority shareholder among Vedanta’s promoters, has sold partial stake in the company through bulk deals on Thursday. According to the bulk deals data available with the exchanges, Twin Star has offloaded 15.4 crore shares or 4.14% stake in the company. The transaction was done at a weighted average price of Rs … Read more

Vedanta distributes face masks in Zambia, raises public awareness about rising Omicron cases

Vedanta distributes face masks in Zambia, raises public awareness about rising Omicron cases

With the new variant posing a significant threat to public health, Vedanta reaffirms its commitment to helping support the communities around the Konkola Copper Mines (KCM) in as best a way as it can. Vedanta on Tuesday said it has distributed thousands of re-usable face masks to commuters and marketeers in Zambian cities of Chingola … Read more