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Vedanta s promoter company sells 1 7% stake for Rs 1,737 crore All the details

Vedanta s parent may sell $1 billion worth shares to GQG

Vedanta s parent may sell $1 billion worth shares to GQG
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vedanta share price: Vedanta promoter in talks with GQG Partners to sell $1 billion worth stake: Report

The final talks for a potential stake sale have already taken place, and the transaction may take place in a few days in the form of a block deal, the news channel reported. As of December-end, promoter and group entities cumulatively held a 63.71% stake in Vedanta Ltd. On Wednesday, shares of Vedanta ended nearly 5% higher on the National Stock Exchange at Rs 282.55

Adani starts talks for first dollar bond sale since Hindenburg, ET EnergyWorld

The conglomerate’s finances have drawn close scrutiny ever since Hindenburg Research accused it of fraud and stock manipulation, claims Adani has repeatedly denied. The bombshell report triggered a rout in the group’s shares and bonds, suggesting it would have to pay dearly when next raising capital.

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