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'Amused, our name comes up in every deal': GQG's Rajiv Jain says didn't buy single Vedanta share

About 2.6% of Vedanta's total equity or 9.4 crore shares changed hands earlier this February in large trades valued at over ₹2,600 crore. Promoter entity Finsider International divested 1.8% in that transaction worth ₹1,737 crore.

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Stocks to Monitor: Infosys, Coal India, Vedanta, Paytm, HDFC Bank, Yes Bank, Axis Bank

Equity markets are expected to open positively on Friday, February 16th, 2024, following gains in overseas...

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Vedanta promoter offloads 1.8% stake for $210m

Finsider, a promoter group entity, has divested a 1.8% stake in Indian mining company Vedanta for about $210m through the open market.

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Indian miner Vedanta's parent sells $209 million stake

Vedanta Resources, the parent of Vedanta Ltd, has sold a stake worth more than 17.37 billion rupees in the Indian miner, exchange data showed on Thursday....

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vedanta bulk deal: Promoter sells 1.8% stake in Vedanta via open market for over Rs 1,700 crore

The promoter entity sold 6,55,18,600 shares of the mining major at Rs 265.14 a share, bulk deals data showed. On Thursday, shares of Vedanta ended 4% down on the BSE at Rs 268. The sale happened at a discount of more than 5% to the previous close.

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Vedanta promoters offload 1.76% stake via bulk deal

The company did not disclose the name of the buyer or comment on the purpose of the stake sale by the promoters

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vedanta block deal: Promoter sells 1.76% stake in Vedanta for Rs 1,737 crore

Shares of natural resources major ended more than 4% lower at Rs 267.95 on the NSE. The shares, which had been pledged by its parent entity for funds, were released by its lenders only last week, enabling the sale of these shares.

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Vedanta's promoter company sells 1.7% stake for Rs 1,737 crore. All the details

The transaction involved sale of 6.55 crore shares at an average price of Rs 265.14 per share. The sale reportedly is part of a larger Rs 8.2-crore share deal involving other buyers and sellers.


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