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VEDANTA CREDITORS MEETING
NCLAT reserves order in Jaypee insolvency case; Vedanta alleges flawed evaluation, Adani defends bidding processThe National Company Law Appellate Tribunal has reserved its judgment in the Jaypee insolvency case. Vedanta Group argued the resolution pr...- Vedanta questions metrics behind Adani’s winning bid for JALVedanta Group is challenging the selection of Adani Enterprises' bid for Jaiprakash Associates Ltd. Vedanta claims its offer was significan...
- Anil Agarwal says Vedanta got written win for Jaypee Group asset bid, later reversedMining baron Anil Agarwal stated Vedanta was initially declared the highest bidder for a Jaypee Group asset. However, the decision was late...
- Vedanta shares jump 3% after company announces Rs 11 interim dividendVedanta shares saw a nearly 3% surge after the board approved a third interim dividend of Rs 11 per equity share, amounting to Rs 4,300 cro...
- Vedanta shares plunge 5% as SC rules conglomerate not entitled to concessional rates for high-speed dieselVedanta shares fell after the Supreme Court upheld a ruling denying concessional diesel rates under Form C, citing misuse beyond mining pur...
- Vedanta creditors meet on Tuesday to vote on India demerger planVedanta Ltd.'s creditors are set to vote on a plan to split the company into at least five businesses in a move aimed at simplifying its st...
- Vedanta demerger gets vote of proxy advisory companiesAs per Vedanta's revised December 2024 composite scheme of the arrangement, the demerger will result in the creation of five sector-focused...
- Vedanta shareholders, creditors to decide on demerger plan on Feb 18Vedanta Ltd will hold a meeting on February 18 to decide on the proposed demerger of the company into separate business entities. The demer...
- Vedanta to hold shareholder and creditor meetings on February 18 for demerger processVedanta announced that it will hold virtual meetings for its equity shareholders, secured creditors, and unsecured creditors on Tuesday, Fe...
- February creditor meet key to Vedanta demerger planVedanta's creditors will meet next month to approve the proposed demerger, aiming for listing various entities by the June quarter. A share...
- Vedanta creditors may meet in February to approve split of mining conglomerateVedanta Ltd. creditors are set to make a final decision on Feb. 18 regarding the company's plan to split into five different businesses, in...
- Vedanta demerger moves ahead as NCLT clears way for meetings of shareholders, creditorsThe Mumbai bench of the NCLT has directed Vedanta Ltd to convene a meeting of its creditors and shareholders within 90 days to discuss the ...
- Vedanta seeks time to get nod for transfer of reservesThe company had got equity shareholders' approval in October 2022 but is yet to get secured creditors' approval.
- Lenders reject Rs 2,800-crore Vedanta offer for Lanco unitVedanta's offer had been put to a vote after it was found to be better than a rival offer from iLabs Group. However, its offer failed to ge...
- NCLT doubts Videocon’s sale remained confidentialThe court also compared the 99.3% haircut that the operational creditors had to take with a “tonsure” or “total shave”. In its order, the N...
- NCLAT admits Renaissance Steel plea against Vedanta bid on ElectrosteelA two member bench of the tribunal headed by Chairman Justice S J Mukhopadhaya admitted the plea and directed to list the matter on May 28.
- Creditors of Essar Steel could appeal against NCLT orderThe move, if it happens, will be prompted by the fact that the lenders are not satisfied with financial bids received from ArcelorMittal an...
- Vedanta, Cairn buck weak cues, jump up to 3% on merger nodOf the members present and validly voting, 97.84 per cent in number, representing 99.99 per cent in value, voted in favour of the resolutio...
- Vedanta shareholders approve sweetened deal to merge CairnFurther, secured creditors and unsecured creditors of the Company, at their respective meetings, have also approved the Scheme with requisi...
- Vedanta, Cairn India gain up to 4% as promoter receives shareholders' approval for mergerFollowing the development, shares of BSE-listed Vedanta jumped 3.79 per cent to hit a fresh 52-week high of Rs 180.70. Cairn India jumped 3...
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