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Vedanta outstanding dividend payment: SAT stays SEBI order

The market regulator had asked Vedanta India, earlier known as Cairn India Ltd, to pay Cairn UK Holdings Limited (CUHL) Rs 77.62 crore plus a simple interest of 18 percent per annum, for delayed payment of dividend

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Dividend payment: Vedanta shares in news as firm to pay Rs 78 crore to Cairn UK

Vedanta is required to comply with aforesaid direction. Sebi, on expiry of 45 days from the date of this order, may initiate appropriate action against Vedanta for such failure.



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Stock Market Today: Top 10 things to know before the market opens

Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 27.50 points or 0.12 percent.

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Stocks to Watch: ITC, SBI, Zee Ent, Vedanta, RIL, Voda Idea, Nykaa, Paytm, and Others

Stocks to watch: Shares of firms like ITC, SBI, Zee Ent, Vedanta, RIL, Voda Idea, Nykaa, Paytm, and others will be in focus on Wednesday's trade.

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Stocks to Monitor: ITC, SBI, Vedanta, ZEE, HCC, RIL, Dr Reddy's

On Wednesday, March 13, global markets may continue to be listless without any significant triggers. At 7:30 AM,...

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Late dividend payout: Vedanta asked to pay Cairn UK Rs 77.62 crore

Late dividend payout: Vedanta asked to pay Cairn UK Rs 77.62 crore
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SEBI Asks Vedanta India to Pay Penalty for Late Dividend Payout India Infoline

The company stated in the filing that it is "in the process of taking appropriate legal steps in respect of the same".

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Vedanta to appeal against Sebi order, says Cairn gave up right to interest

Sebi had on Tuesday ordered Vedanta to pay Rs 77.62 crore to Scottish explorer Cairn and also barred the firm's entire board, including his brother Navin and daughter Priya, from accessing the capital market for the same.

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