Last week, Vedanta Ltd's delisting went from almost-a-success to failure due to a large number of unconfirmed orders.

"Launching the delisting bid to garner approx 134 crore shares was indeed a mammoth task. We saw enthusiastic participation by our sharehol...

Investec has retained buy rating with a target price of Rs 162 and CLSA has maintained outperform while reducing target price to Rs 118 fro...

Vedanta shares were down 9.99 per cent at Rs 109.90 on the BSE, while benchmark Sensex was up 324.14 per cent at 40,879 points.

However, in this case, the quantum of 120 million unconfirmed bids until the end of the delisting closing period has stumped market analyst...

The total number of shares validly tendered by the public shareholders in the delisting offer is 125.47 crore, which is less than the minim...

The development compounds the problem for Vedanta already grappling with the possibility of a counter offer after a late intervention in th...

The reverse book building price will be much better than this price. We cannot put in the price exactly but it has to be in the range where...

Reverse book building is a mechanism to determine the share price for delisting of a stock. Shareholders, who wish to participate in the de...

The company fixed October 5 as bid opening date for delisting offer and October 8 for upward revision or withdrawal of bids.

Hexaware public shareholders who have tendered their equity shares at or below the exit price will be paid a consideration of Rs 475 per sh...

The promoters own 50.1% stake in Vedanta with 45.9% held by the public.

The proposal required approval of at least 66.7 per cent of minority shareholders.

The board also approved Vedanta's plan to seek shareholders approval for delisting proposal.

The promoters will have to offer a significantly higher exit price if the bid is to succeed.

Vedanta told the exchanges about a delisting offer at a price of Rs 87.5 per equity share.

Minority ownership hold a 50.14 per cent stake in the company.