Vedanta shares drop 4% as govt reportedly doubles down against demerger plan

Vedanta shares drop 4% as govt reportedly doubles down against demerger plan

Metal major Vedanta‘s shares fell nearly 4% on Wednesday to hit the day’s low of Rs 471 after its demerger plans received another setback. The government reportedly doubled down its objection, accusing the proposed demerger scheme of being a tactic to hinder the recovery of its dues.The objections were placed before the National Company Law … Read more

Vedanta to consider fourth interim dividend tomorrow. Check record date

Vedanta to consider fourth interim dividend tomorrow. Check record date

Billionaire Anil Agarwal-led Vedanta is scheduled to consider and announce its fourth interim dividend for FY2024-25 on Monday, December 16. In an exchange filing, the mining major stated, “The meeting of the Board of Directors of the Company is proposed to be scheduled on Monday, December 16, 2024, to consider and approve the Fourth Interim … Read more