Anil Agarwal buys 4.98% stake in Vedanta for Rs2,959 crore Anil Agarwal Share Via Read Full Story MUMBAI : Vedanta Resources Ltd, the promoter entity of Billionaire Anil Agarwal’s Vedanta Ltd on Thursday bought 185 million shares or 4.98% equity stake of the company for Rs2959 crore from institutional shareholders of the company, according to the bulk deal data available on the exchange. With this purchase, Vedanta Resources shareholding in the company will increase to 55.1%. As on 30 September, promoters held 50.13% in the company. As per Sebi norms, promoters are allowed to acquire up to 5% a year through creeping acquisition without triggering an open offer.