Vedanta's Anil Agarwal Raises Open Offer Price For India Unit To Rs 235 A Share Vedanta's Anil Agarwal Raises Open Offer Price For India Unit To Rs 235 A Share The London-based Vedanta Resources will now seek to buy 17.51 per cent of Mumbai-listed Vedanta at Rs 235 ($3.24) a share, it said in an exchange filing Tuesday Vedanta Resources'existing 55 per cent holding in Vedanta is placed as collateral Anil Agarwal, billionaire founder of the Vedanta Group, has pledged his stake in a cash-rich Indian unit to help sweeten terms for a takeover attempt that's key to his debt-repayment plans. The London-based Vedanta Resources will now seek to buy 17.51 per cent of Mumbai-listed Vedanta at Rs 235 ($3.24) a share, it said in an exchange filing Tuesday. That's up from the previous 10 per cent at Rs 160 apiece.