Sharekhan

Vedanta Ltd

Thu 13/03/2025,15:59:55 | NSE : VEDL

₹ 442.95-2.00 (-0.45%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 447.90

Previous Close

₹ 444.95

Volume

5054710

Mkt Cap ( Rs. Cr)

₹173223.87

High

₹ 450.00

Low

₹ 442.00

52 Week High

₹ 526.95

52 Week Low

₹ 249.50

Book Value Per Share

₹ 95.86

Dividend Yield

6.65

Face Value

₹ 1.00

What’s Your Call?

Collective community sentiment on Vedanta Ltd

Your Vote -

Buy

66.61%

Hold

18.70%

Sell

14.69%

66.61%

67981 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

442.95

228

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

228

Option Chain

Analyzes market sentiment, predicts Vedanta Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • Vedanta - Updates

    4 Mar 2025, 10:16PM Vedanta Limited has informed the Exchange regarding 'Update in relation to company scheme application (C.A./CAA/ MB/220/2024) for the scheme of arrang
  • Vedanta - Copy of Newspaper Publication

    4 Mar 2025, 5:25PM Newspaper Advertisement - Postal Ballot Notice
  • Vedanta - Notice Of Shareholders Meetings-XBRL

    3 Mar 2025, 3:12PM VEDANTA LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
  • Vedanta - Shareholders meeting

    3 Mar 2025, 2:49PM Vedanta Limited has informed the Exchange regarding Notice of Postal Ballot
  • Vedanta - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    3 Mar 2025, 2:49PM Please find enclosed the notice of Postal Ballot.
  • Vedanta - Action(s) taken or orders passed

    28 Feb 2025, 4:40PM Intimation under Regulation 30 of the Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Re

    28 Feb 2025, 4:35PM Please refer the enclosed file.
  • Vedanta - Action(s) taken or orders passed

    28 Feb 2025, 3:21PM Disclosure under Regulation 30 of the Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Re

    28 Feb 2025, 3:16PM Please refer the enclosed file.
  • Vedanta - Declaration Of Preferred Bidder Of Kauhari Diamond Block Under E -Auction Conducted By The Department Of Geology &

    21 Feb 2025, 6:07PM Please refer the enclosed file.
  • Vedanta - Updates

    21 Feb 2025, 6:01PM Vedanta Limited has informed the Exchange regarding 'Declaration of Preferred Bidder of Kauhari Diamond Block under E -auction conducted by the Depart
  • Vedanta - Alteration Of Capital and Fund Raising-XBRL

    21 Feb 2025, 10:47AM Vedanta Limited has informed the Exchange regarding Issuance of securities
  • Vedanta - Alteration Of Capital and Fund Raising-XBRL

    20 Feb 2025, 7:51PM VEDANTA LIMITED has informed the Exchange regarding Allotment of Securities
  • Vedanta - Updates

    20 Feb 2025, 2:40PM Vedanta Limited has informed the Exchange regarding 'Allotment of Non-Convertible Debentures'.
  • Vedanta - Updates

    20 Feb 2025, 8:52AM Vedanta Limited has informed the Exchange regarding 'E-Voting Results and Scrutinizer s Report - Secured Creditors Meeting of Vedanta Limited '.
  • Vedanta - Shareholders meeting

    20 Feb 2025, 8:41AM Vedanta Limited has submitted the Exchange a copy Srutinizers report of Court Convened General Meeting of the Equity Shareholders held on February 18
  • Vedanta - Announcement under Regulation 30 (LODR)-Allotment

    20 Feb 2025, 2:43PM Please refer the enclosed file for allotment of Non-convertible Debentures.
  • Vedanta - Announcement under Regulation 30 (LODR)-Meeting Updates

    20 Feb 2025, 2:38PM Please refer the enclosed file for allotment of Non-convertible Debentures.
  • Vedanta - E-Voting Results And Scrutinizer'S Report - Secured Creditors And Unsecured Creditors Meetings Of Vedanta Limited

    20 Feb 2025, 8:46AM Please refer the enclosed file.
  • Vedanta - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    20 Feb 2025, 8:34AM Please find enclosed the voting results and scrutinizer's report for the Meeting of Equity Shareholders, Secured Creditors and Unsecured Creditors of
  • Vedanta - Updates

    18 Feb 2025, 10:15PM Summary of Proceedings of the meetings of Unsecured Creditors of Vedanta Limited (Company)
  • Vedanta - Summary Of Proceedings Of Meetings Of Secured And Unsecured Creditors Of Vedanta Limited

    18 Feb 2025, 10:10PM Please refer enclosed file
  • Vedanta - Shareholders meeting

    18 Feb 2025, 10:07PM Summary of Proceedings of the meetings of Equity Shareholders of Vedanta Limited (Company)
  • Vedanta - Shareholder Meeting / Postal Ballot-Outcome of Court Convened Meeting

    18 Feb 2025, 9:58PM Please refer the enclosed the Summary of Proceedings of the Meetings of Equity Shareholders, Secured Creditors and Unsecured Creditors of Vedanta Limi
  • Vedanta - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Feb 2025, 7:42PM Vedanta Limited has informed the Exchange about Schedule of meet
  • Vedanta - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    13 Feb 2025, 7:40PM Please refer the enclosed file.
  • Vedanta - Announcement under Regulation 30 (LODR)-Meeting Updates

    11 Feb 2025, 6:05PM Please refer enclosed file.
  • Vedanta - Updates

    11 Feb 2025, 5:58PM Vedanta Limited has informed the Exchange regarding 'Meeting of Board constituted Committee of Directors held on February 11, 2025'.
  • Vedanta - Outcome of Board Meeting

    11 Feb 2025, 5:52PM Vedanta Limited has informed the Exchange regarding Meeting of the Board constituted Committee of Directors held on February 11, 2025.
  • Vedanta - Action(s) taken or orders passed

    11 Feb 2025, 3:55PM Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Board Meeting Outcome for Outcome Of Meeting Of The Board Constituted Committee Of Directors Held On Tuesday, Febru

    11 Feb 2025, 5:57PM In continuation to our letter No. VEDL/Sec./SE/24-25/273 dated February 06, 2025 and pursuant to the provisions of Regulations 30 and 51 of Securities
  • Vedanta - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requir

    11 Feb 2025, 3:54PM Please refer the enclosed file.
  • Vedanta - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Feb 2025, 7:20PM Vedanta Limited has informed the Exchange about Schedule of meet
  • Vedanta - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Feb 2025, 7:17PM Vedanta Limited has informed the Exchange about Schedule of meet
  • Vedanta - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Feb 2025, 7:12PM Vedanta Limited has informed the Exchange about Schedule of meet
  • Vedanta - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Feb 2025, 7:02PM Vedanta Limited has informed the Exchange about Schedule of meet
  • Vedanta - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    10 Feb 2025, 6:58PM Please refer the enclosed file.
  • Vedanta - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    10 Feb 2025, 6:56PM Please refer the enclosed file.
  • Vedanta - Action(s) taken or orders passed

    8 Feb 2025, 1:32PM Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requir

    8 Feb 2025, 1:31PM Please refer the enclosed file.
  • Vedanta - Board Meeting Intimation

    6 Feb 2025, 8:30PM VEDANTA LIMITED has informed the Exchange about Board Meeting to be held on 11-Feb-2025 to consider Fund raising.
  • Vedanta - Board Meeting Intimation for Intimation Of Meeting Of Committee Of Directors Proposed To Be Held On Tuesday, Februa

    6 Feb 2025, 8:25PM Vedanta Limitedhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2025 ,inter alia, to consider and appr
  • Vedanta - Analysts/Institutional Investor Meet/Con. Call Updates

    5 Feb 2025, 10:57PM Vedanta Limited has informed the Exchange about Schedule of meet
  • Vedanta - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    5 Feb 2025, 10:56PM Please refer the enclosed file.
  • Vedanta - Action(s) taken or orders passed

    5 Feb 2025, 5:34PM Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Action(s) taken or orders passed

    5 Feb 2025, 5:23PM Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Action(s) taken or orders passed

    5 Feb 2025, 12:40PM Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Re

    5 Feb 2025, 5:33PM Please refer the enclosed file.
  • Vedanta - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Re

    5 Feb 2025, 5:22PM Please refer the enclosed file.
  • Vedanta - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Re

    5 Feb 2025, 12:39PM Please refer the enclosed file.
  • Vedanta - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Feb 2025, 6:49PM Vedanta Limited has informed the Exchange about Transcript
  • Vedanta - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    4 Feb 2025, 6:48PM Please refer the enclosed file.
  • Vedanta - Copy of Newspaper Publication

    1 Feb 2025, 11:58AM Vedanta Limited has informed the Exchange about Copy of Newspaper Publication
  • Vedanta - Analysts/Institutional Investor Meet/Con. Call Updates

    1 Feb 2025, 11:26AM Vedanta Limited has informed the Exchange about Link of Recording
  • Vedanta - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    1 Feb 2025, 11:36AM Please refer the enclosed file.
  • Vedanta - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    31 Jan 2025, 6:11PM VEDANTA LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
  • Vedanta - General Updates

    31 Jan 2025, 4:49PM Vedanta Limited has informed the Exchange about General Updates relating to Bharat Aluminium Company Limited (BALCO), a subsidiary of the Company: Inc
  • Vedanta - Bharat Aluminium Company Limited (BALCO), A Subsidiary Of The Company: Increase In Rolled Products Capacity

    31 Jan 2025, 4:48PM Please refer the enclosed file.
  • Vedanta - Monitoring Agency Report

    31 Jan 2025, 4:44PM Monitoring Agency Report for Quarter ended December 31, 2024
  • Vedanta - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

    31 Jan 2025, 4:43PM Please refer the enclosed file.
  • Vedanta Q3 net profit down 42.19% at Rs 1783.00 cr

    31 Jan 2025, 4:21PM The company reported standalone net profit of Rs 1,783.00 crore for the quarter ended December 31, 2024 as compared to Rs 3084.00 crore in the same pe
  • Vedanta - Integrated Filing (Financial)

    31 Jan 2025, 3:07PM Please refer the enclosed file.
  • Vedanta - Statement Of Deviation Under Regulation 32.

    31 Jan 2025, 3:01PM Please refer the enclosed file.
  • Vedanta - Integrated Filing- Financial

    31 Jan 2025, 2:51PM Outcome of Board Meeting held on January 31, 2025 Integrated Filing (Financial Results)
  • Vedanta - Announcement under Regulation 30 (LODR)-Investor Presentation

    31 Jan 2025, 2:49PM Please refer the enclosed file.
  • Vedanta - Press Release

    31 Jan 2025, 2:48PM Vedanta Limited has informed the Exchange regarding a press release dated January 31, 2025, titled ""Vedanta Limited Announces 3Q and 9M FY24-25 Resul
  • Vedanta - Investor Presentation

    31 Jan 2025, 2:48PM Vedanta Limited has informed the Exchange about Investor Presentation
  • Vedanta - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    31 Jan 2025, 2:47PM Please refer the enclosed file.
  • Vedanta - Outcome of Board Meeting

    31 Jan 2025, 2:45PM Vedanta Limited has informed the Exchange regarding Outcome of Board Meeting held on January 31, 2025 with respect to appointment of Independent Direc
  • Vedanta - Appointment

    31 Jan 2025, 2:45PM Vedanta Limited has informed the Exchange regarding Appointment of Mr Rajarangamani Gopalan as Non- Executive Independent Director of the company w.e.
  • Vedanta - Announcement under Regulation 30 (LODR)-Change in Directorate

    31 Jan 2025, 2:45PM Please refer the enclosed file.
  • Vedanta - Outcome Of Board Meeting

    31 Jan 2025, 2:43PM Outcome of Board Meeting
  • Vedanta - Board Meeting Outcome for Outcome Of Board Meeting

    31 Jan 2025, 2:40PM Outcome of Board Meeting
  • Vedanta - Outcome of Board Meeting

    31 Jan 2025, 2:39PM Vedanta Limited has informed the Exchange regarding Board meeting held on January 31, 2025.
  • Vedanta - Financial Result Updates

    31 Jan 2025, 2:37PM Vedanta Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Vedanta - Updates

    28 Jan 2025, 6:13PM Vedanta Limited has informed the Exchange regarding 'Intimation under Regulation 30(9) of the Securities and Exchange Board of India (Listing Obligati
  • Vedanta - Intimation Under Regulation 30(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure

    28 Jan 2025, 6:11PM Please refer the enclosed file.
  • Vedanta - Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3)

    28 Jan 2025, 10:40AM The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SE
  • Vedanta - Board Meeting Intimation

    27 Jan 2025, 6:17PM VEDANTA LIMITED has informed the Exchange about Board Meeting to be held on 31-Jan-2025 to inter-alia consider and approve the Unaudited Financial res
  • Vedanta - Trading Window

    27 Jan 2025, 6:07PM Vedanta Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Vedanta - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    27 Jan 2025, 6:07PM Please refer the enclosed file.
  • Vedanta - Analysts/Institutional Investor Meet/Con. Call Updates

    27 Jan 2025, 6:07PM Vedanta Limited has informed the Exchange about Schedule of meet
  • Vedanta - Action(s) taken or orders passed

    21 Jan 2025, 6:13PM Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Re

    21 Jan 2025, 6:12PM Please refer the enclosed file.
  • Vedanta - Copy of Newspaper Publication

    18 Jan 2025, 2:36PM Vedanta Limited has informed the Exchange about Copy of Newspaper Publication
  • Vedanta - Notice Of Shareholders Meetings-XBRL

    17 Jan 2025, 6:06PM Vedanta Limited has informed the Exchange about Notice of Shareholders Meeting for NCLT/ Court Convened Meeting to be held on 18-Feb-2025
  • Vedanta - Announcement under Regulation 30 (LODR)-Meeting Updates

    17 Jan 2025, 10:06AM Notice - Meeting of Equity Shareholders, Secured Creditors and Unsecured Creditors of Vedanta Limited scheduled to be held on Tuesday, February 18, 20
  • Vedanta - Updates

    17 Jan 2025, 10:04AM Vedanta Limited has informed the Exchange regarding Meeting of Equity Shareholders, Secured Creditors and Unsecured Creditors of Company scheduled on
  • Vedanta - Shareholders meeting

    17 Jan 2025, 10:01AM Vedanta Limited has informed the Exchange regarding Notice of Court Convened General Meeting of Equity Shareholders to be held on February 18, 2025
  • Vedanta - Notice - Meeting Of Equity Shareholders, Secured Creditors And Unsecured Creditors Of Vedanta Limited Scheduled To

    17 Jan 2025, 10:01AM Please refer the enclosed intimation.
  • Vedanta has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    15 Jan 2025, 8:11PM As of December 2024, 56.38% is owned by Foreign Promoters, 43.50% by Public and 0.11% by Non Promoters-Non Public. <p align=justify> Institutional hol
  • Vedanta - Action(s) taken or orders passed

    14 Jan 2025, 4:49PM Intimation under Regulation 30 of Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requir

    14 Jan 2025, 4:45PM Please refer the enclosed file.
  • Vedanta - Action(s) taken or orders passed

    9 Jan 2025, 5:00PM Intimation under Regulation 30 of Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requir

    9 Jan 2025, 4:57PM Please refer the enclosed file.
  • Vedanta - Copy of Newspaper Publication

    7 Jan 2025, 5:11PM Newspaper Advertisement Notice of transfer of equity shares of the Company to Investor Education and Protection Fund.
  • Vedanta - Action(s) taken or orders passed

    7 Jan 2025, 5:06PM Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    7 Jan 2025, 4:51PM Vedanta Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Vedanta - Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requir

    7 Jan 2025, 5:04PM Please refer the enclosed file.
  • Vedanta - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    7 Jan 2025, 4:49PM Please refer the enclosed file.
  • Vedanta - Updates

    3 Jan 2025, 9:30PM Vedanta Limited has informed the Exchange regarding 'Production Release '.
  • Vedanta - Production Release

    3 Jan 2025, 9:28PM Please refer the enclosed intimation.
  • Vedanta - Action(s) taken or orders passed

    27 Dec 2024, 6:48PM Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requir

    27 Dec 2024, 6:47PM Please refer the enclosed file.
  • Vedanta - Trading Window-XBRL

    27 Dec 2024, 5:34PM VEDANTA LIMITED has informed the Exchange about Closure of Trading Window
  • Vedanta - Trading Window

    27 Dec 2024, 5:33PM Vedanta Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Vedanta - Payment Of Interest Due On Secured Unrated Unlisted Redeemable Non-Convertible Debentures

    27 Dec 2024, 4:23PM Please refer the enclosed intimation.
  • Vedanta - Updates

    27 Dec 2024, 4:18PM Vedanta Limited has informed the Exchange regarding 'Payment of Interest due on Secured Unrated Unlisted Redeemable Non-Convertible Debentures'.
  • Vedanta - Action(s) taken or orders passed

    24 Dec 2024, 6:13PM Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Vedanta - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requir

    24 Dec 2024, 6:09PM Please refer the enclosed file.
  • Vedanta - Updates

    21 Dec 2024, 1:00PM Vedanta Limited has informed the Exchange regarding 'Payment of Interest due on Secured Unrated Unlisted Redeemable Non-Convertible Debentures'.
  • Vedanta - Payment Of Interest Due On Secured Unrated Unlisted Redeemable Non-Convertible Debentures

    21 Dec 2024, 12:59PM Please refer the enclosed intimation.
  • Vedanta - Demerger

    20 Dec 2024, 8:39PM Vedanta Limited has informed the Exchange about update on Scheme of Demerger
  • Vedanta - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    20 Dec 2024, 8:38PM Please refer the enclosed intimation for update on Scheme of Demerger.
  • Vedanta - Announcement under Regulation 30 (LODR)-Credit Rating

    19 Dec 2024, 6:24PM Please refer the enclosed intimation.
  • Vedanta - Credit Rating

    19 Dec 2024, 6:23PM Vedanta Limited has informed the Exchange about Credit Rating
  • Vedanta has declared 850% Interim dividend for the financial year March 2025

    17 Dec 2024, 2:00PM Vedanta Ltd. on Wednesday, 11 December 2024, has announced Interim dividend of 850 percent on Equity Share, to its shareholders holding shares on the
  • Vedanta board approves 4th interim dividend of Rs 8.5 per share for FY25

    16 Dec 2024, 8:33PM Mining major Vedanta Ltd on Monday said its board has approved fourth interim dividend of Rs 8.5 per equity share for FY25, amounting to Rs 3,324 cror
  • Vedanta - Outcome of Board Meeting-XBRL

    16 Dec 2024, 4:53PM VEDANTA LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 16-Dec-2024 for Dividend
  • Vedanta - Dividend

    16 Dec 2024, 4:48PM Vedanta Limited has informed the Exchange that Board of Directors at its meeting held on December 16, 2024, declared Interim Dividend of Rs. 8.5 per e
  • Vedanta - Announcement under Regulation 30 (LODR)-Dividend Updates

    16 Dec 2024, 4:48PM Please refer the enclosed file.
  • Vedanta - Dividend

    16 Dec 2024, 4:40PM Vedanta Limited has informed the Exchange that Board of Directors at its meeting held on December 16, 2024, declared Interim Dividend of 8.5 per equit
  • Vedanta - Credit Rating

    16 Dec 2024, 4:11PM Vedanta Limited has informed the Exchange about Credit Rating
  • Vedanta - Corporate Action-Board approves Dividend

    16 Dec 2024, 4:43PM Please refer the enclosed file.
  • Vedanta - Board Meeting Outcome for Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligat

    16 Dec 2024, 4:39PM In continuation to our Letter No. VEDL/Sec./SE/24-25/231 dated December 11, 2024 and pursuant to Regulation 30 of SEBI Listing Regulations, we wish to
  • Vedanta - Announcement under Regulation 30 (LODR)-Credit Rating

    16 Dec 2024, 4:09PM Please refer the enclosed intimation.
  • Vedanta

    27 Feb 2025 , 10:49AM Vedanta: Company to invest Rs. 50,000 crore in Assam and Tripura's oil and gas sector over the next 3-4 years. Positive
  • Vedanta

    24 Feb 2025 , 11:49AM The company won the bid for for Kauhari diamond block in Madhya Pradesh.
  • Vedanta

    19 Feb 2025 , 8:50AM Vedanta: It has secured approval from creditors holding 83% of its debt value for its planned demerger, surpassing the minimum requirement of 75% support. Positive
  • Vedanta

    4 Feb 2025 , 9:05AM S&P Global Ratings upgraded Vedanta Resources' rating, citing reduced refinancing risks for the UK-based natural resources group. The agency upgraded the rating to "B+" from "B" with a stable outlook and removed it from credit watch. Positive
  • Vedanta

    21 Jan 2025 , 9:02AM Fitch upgrades Vedanta Resources' ratings with stable outlook. The rating agency upgraded VRL's senior unsecured rating to 'B+' from 'B-' and also changed the outlook to stable. Positive
  • Vedanta

    6 Jan 2025 , 12:46PM The company reported 3% year-on-year increase in aluminium production to 614 KT compared to 599 KT. Quarterly zinc international volumes grew by 12% year-on-year, while alumina production rose by 7% year-on-year. Additionally, total mined metal production saw a 12% year-on-year increase, and pig iron production recorded a 7% year-on-year growth.
  • Vedanta

    23 Dec 2024 , 12:05PM Company has announced revisions to its previously proposed demerger scheme. It has decided to retain its base metals business within Vedanta. Company had earlier proposed to demerge itself into 6 pure play companies to enhance value unlocking. The recent revision would ease approval process. Positive
  • Vedanta

    17 Dec 2024 , 11:14AM The company approved the fourth Interim dividend of Rs 8.5 per equity share for the financial year 2024-25 amounting to Rs 3,324 crore. The board fixed Dec. 24 as the record date for the purpose of dividend payment.
  • Vedanta

    12 Dec 2024 , 11:07AM Vedanta: The company will consider the fourth interim dividend on Dec. 16. Positive
  • Vedanta

    4 Dec 2024 , 11:46AM Crisil Ratings Ltd has upgraded its rating on the company's long-term bank facilities and debt instruments. Improved capital structure, better financial flexibility and strong volume growth are the key reasons for the upgrade. Crisil has upgraded its rating on Vedanta's long-term bank facilities and debt instruments to AA from 'AA-'
  • Vedanta

    28 Nov 2024 , 10:38AM Moody’s rating has upgraded the corporate family rating of Vedanta to B2 from B3. This is due to good liability management by the group. Positive
  • Vedanta

    5 Sep 2024 , 1:00PM ICRA upgrades long term rating to AA from AA-. Positive
  • Vedanta

    14 Aug 2024 , 10:58AM Vedanta to offload its 2.6% stake (11 crore shares) in Hindustan Zinc Ltd via Offer for sale.
  • Vedanta

    26 Jul 2024 , 2:16PM S&P upgrades rating of Vedanta Resources to 'B' from 'CCC+' on improving capital structure and liquidity. (Positive)
  • Vedanta

    22 Jul 2024 , 10:14AM Company has raised Rs. 8500 crore via QIP at Rs. 440 per share. Company has also bagged 2 critical mineral blocks in Karnataka and Bihar.
  • Vedanta

    19 Jul 2024 , 10:37AM The company's QIP of Rs. 8,000 cr has witnessed good interest from investors. It has received a subscription of around Rs. 23,000 cr.
  • Vedanta

    16 Jul 2024 , 11:14AM The company opened its QIP and set the floor price at Rs 461.26 per share
  • Vedanta

    4 Jul 2024 , 10:36AM The company reported aluminium production was up 3% year-on-year at 596 kt, while saleable zinc production was up 1% year-on-year at 262 kt, saleable steel production was up 10% year-on-year at 356 kt, YoY, overall power sales was at 4,791 MU, up 13% YoY for the end of Q1 FY25.
  • Vedanta

    19 Jun 2024 , 9:59AM As per the annual report, Vedanta expects monetisation of its steel and raw materials business, to be completed in H1FY25. Positive
  • Vedanta

    28 Feb 2024 , 9:51AM Key positive takeaways from Vedanta analyst meet – 1) EBITDA target of $6bn/$7.5 bn by FY25/FY24 versus $5bn, 2) focus on balance sheet deleveraging with target to reduce debt by $3bn in next three years, 3) focus on operational improvement and deleveraging and 4) expect demerger of six entities by this year end. Positive read through for Vedanta.
  • Vedanta

    16 Feb 2024 , 12:43PM Finsider International divested a 1.8% stake in Vedanta for Rs 1,737 crore through an open market transaction.
  • Vedanta

    15 Feb 2024 , 11:57AM As per media reports, Vedanta is in talks with GQG for a potential stake sale in the form of block deals and may sell ~$1 bn worth shares to GQG. We highlight here that Vedanta has $3 bn of debt on its books.
  • Vedanta’s Cairn Oil & Gas submits FDP to commence gas production

    11 Jan 2024 , 1:35PM Vedanta - Cairn Oil & Gas submits the first FDP in OALP to commence Gas Production from Jaya in Gujarat
  • Vedanta

    10 Jan 2024 , 10:56AM Moody's downgrades Vedanta's ratings to Caa3/Ca on distressed exchange. Moody has maintained a negative outlook on the new ratings. Negative read through.
  • Vedanta

    1 Jan 2024 , 11:13AM The company has received 2 orders worth Rs 48.82 crore from the additional commissioner, GST and Central Excise Commissionerate, confirming the demand for GST input tax credit availed during FY 2017-18 and FY 2018-19 on account of interpretational issues in terms of relevant provisions of the Central Goods and Services Tax Act.
  • Vedanta board approves fund raise of Rs. 3,400 Cr

    19 Dec 2023 , 11:30AM Vedanta board approves fund raise of Rs. 3,400 Cr via NCDs on private placement basis
  • Vedanta

    19 Dec 2023 , 11:20AM The company’s board of directors has approved second interim dividend of Rs11/share (yield of 4.2% on CMP of Rs261) apart from first interim dividend of Rs18.5/share. The record date for the purpose of payment of second interim dividend shall be Wednesday, December 27, 2023. Sentimentally positive read through.
  • Vedanta

    20 Nov 2023 , 11:44AM CRISIL Ratings has downgraded Vedanta's ratings on the long-term bank facilities and debt instruments to ‘CRISIL AA-’ from ‘CRISIL AA’. Also, it has placed these ratings on ‘Rating Watch with Developing Implications’ from ‘Rating Watch with Negative Implications’. Negative for Vedanta.
  • Vedanta

    20 Nov 2023 , 11:44AM CRISIL Ratings has downgraded Vedanta's ratings on the long-term bank facilities and debt instruments to ‘CRISIL AA-’ from ‘CRISIL AA’. Also, it has placed these ratings on ‘Rating Watch with Developing Implications’ from ‘Rating Watch with Negative Implications’. Negative for Vedanta.
  • Vedanta

    16 Nov 2023 , 12:54PM The company has set-up copper business subsidiary in Saudi Arabia. Neutral read through for the stock.
  • Vedanta

    25 Oct 2023 , 1:02PM The board of directors has approved the appointment of Ajay Goel as Chief Financial Officer of the company, with effect from October 30. Sonal Shrivastava has resigned from the post of Chief Financial Officer of the company with effect from October 24 due to personal reasons.
  • Vedanta

    12 Oct 2023 , 11:12AM India Ratings and Research has downgraded Vedanta’s Long-Term Issuer Rating to ‘IND AA-’ from ‘IND AA’ and placed these ratings on ‘Rating Watch with Negative Implications’. Negative for Vedanta Limited.
  • Vedanta

    6 Oct 2023 , 11:08AM CRISIL updated Vedanta’s long term credit rating to CRISIL AA/Watch Negative (Placed on ‘Rating Watch with Negative Implications’) as compared to earlier rating of CRISIL AA/Negative.
  • Vedanta

    4 Oct 2023 , 11:35AM The company has announced Q2FY24 total aluminium production growth of 2% y-o-y to 594 kt but mined metal production was down by 1% y-o-y to 252 kt during the quarter. Overall power sales grew by 12% y-o-y to 4,048 million units.
  • Vedanta

    28 Sep 2023 , 10:05AM As per media reports, the company is planning to split its business of aluminium, oil & gas, iron and steel and list them separately as pure play entities. The company’s restructuring plan for listing of its business units separately could result in value unlocking and thus could be positive for Vedanta Limited.
  • Vedanta drops after Moody's downgrades Vedanta Resources

    27 Sep 2023 , 10:15AM Vedanta slips by 6% to Rs. 210, after Moody's downgrades Vedanta Resources' ratings
  • Vedanta

    22 Sep 2023 , 10:11AM Company’s board has approved raising funds to the tune of Rs 2,500 crore through the issue of secured, unrated, unlisted, redeemable NCDs. The company will issue 2.5 lakh NCDs which will have a face value of Rs 1 lakh each. The issue will be done on a private placement basis. The NCDs could be issued in one or more tranches.
  • Vedanta

    6 Sep 2023 , 10:38AM The Zambian government has agreed to return the ownership of Konkola Copper Mines (KCM) to Vedanta Resources. Konkola Copper Mines assets have reserves of 16 million tonnes of contained copper. Positive for Vedanta.
  • Vedanta

    25 Aug 2023 , 11:40AM The company has received an arbitration award upholding the company's contention in Rajasthan block case. The contention of the company is that the additional profit petroleum is not payable as per terms of the production sharing contract for Rajasthan block. The profit petroleum is on account of the Director General of Hydrocarbon (DGH) audit exceptions in relation to allocation of common development costs across Development Areas and certain other matters.
  • Vedanta

    3 Aug 2023 , 10:29AM As per media reports, Twin Star Holdings (promoter entity of Vedanta Limited) will sell 16 crore shares (or 4.3% stake) in Vedanta Limited to institutional investors at a minimum of Rs258.5/share, which is at 5% discount to last closing price of Rs272.15/share. Sentimentally negative for Vedanta Limited.
  • Vedanta

    11 Jul 2023 , 10:56AM As per media reports, Taiwan's Foxconn has withdrawn from a Rs 1.61 lakh crore semiconductor joint venture with Vedanta Ltd as the JV struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars. On the other hand, Vedanta has said that it is fully committed to its semiconductor project and have lined up other partners to set up plant
  • Vedanta

    10 Jul 2023 , 9:52AM The company has acquired two wholly owned subsidiaries of Twin Star Technologies - Vedanta Foxconn Semiconductors Private Limited and Vedanta Displays via share transfer. Near term more clarity is needed on capex as semiconductors and display glass ventures would now be part of Vedanta Limited and high capex could result in lower dividend payout. Having said that it would be long term positive as semiconductors offers large growth opportunity for India (estimated to reach $80bn by 2026 versus $24 bn in 2022) while display panel market is also expected to more double to $15 bn over 2022-2025.
  • Vedanta

    4 Jul 2023 , 10:45AM The cast metal aluminium production increased by 2% YoY and 1% QoQ to 579kt (kilo tonnes) due to efficiency in the operations. Highest-ever mined metal production in Q1FY24 at 257kt rose by 2% YoY due to higher ore production, primarily at Rampura Agucha and Kayad mines, supported by improved mined metal grades and better mill recovery. Overall power sales grew by 19% to 4,266 million units in quarter ended June FY24. Positive read through
  • Vedanta

    28 Jun 2023 , 10:32AM As per media reports, the Vedanta-Foxconn joint venture (JV) has re-submitted an application to set up an electronic chip manufacturing plant in India. The updated application comes in response to the new guidelines issued by MeitY and aims to secure approval for the project in the 40 nm node category. Positive read through for Vedanta Limited as re-application for an electronic chip manufacturing plant shows company’s focused intent to tap the growth opportunities in the electronic chip market (which is largely dependent on imports from China).
  • Vedanta

    12 Jun 2023 , 9:57AM Declaration of Preferred Bidder of Iron Ore Mine (Block VII - Cudnem Mineral Block) by the Department of Mines & Geology, Goa. The company has also invited expression of interest (EoI) from interested parties to carry out plant restart activities at its Sterlite Copper Plant at Thoothukudi (in Tamil Nadu).
  • Vedanta

    31 May 2023 , 9:49AM As per media reports, JV between Vedanta Resources Ltd. and Taiwan’s Hon Hai Precision Industry Company would not get government incentives to manufacture semiconductors in India as the JV does not meet government’s criteria. Negative for Vedanta as rejection of government funding/incentives would delay its plan to setup semiconductor plant in India.
  • Vedanta

    8 May 2023 , 12:07PM Vedanta Resources Ltd has repaid 3 loans worth $800 million to Standard Chartered Bank on May 3 2023, following which the encumbrance on Vedanta’s shares were released. The debt was raised by group companies Twin Star Holdings, Vedanta Netherlands Investments and Vedanta Resources across three facilities ($400 million, $250 million and $150 million). Positive read through for the stock
  • Vedanta

    3 May 2023 , 11:29AM Company created pledge on 8.05 crore shares (1.91% of equity) on 28th April 2023.
  • Vedanta

    24 Apr 2023 , 10:48AM Vedanta Ltd’s Cairn Oil & Gas said it has commenced test production from its Hazarigaon field in Assam, becoming the first company in the North-East to commence gas flow from a Discovered Small Field (DSF) block. Cairn Oil & Gas has signed a Gas Sales Agreement with Assam Gas Company Limited (AGCL) to sell 3.5 million standard cubic feet per day (MMSCFD) of gas from the Hazarigaon field. Gas from the Hazarigaon block will be one of the prime contributors to the 100 CNG buses initiative run by the Government of Assam and will also support tea growers across the state.
  • Vedanta

    13 Apr 2023 , 11:46AM The company’s 6000-acre land acquisition for university in Odisha quashed by Supreme Court on account of malafide intentions. We do not see any business impact but sentimentally negative for Vedanta Limited
  • Vedanta

    11 Apr 2023 , 11:28AM The Supreme Court has allowed Sterlite Copper to carry out the upkeep of the copper plant in Tamil Nadu. We see this a s neutral for Vedanta Limited as SC order allows only maintenance activities at its copper plant (which is shut down since May 2018) in Tamil Nadu.
  • Vedanta

    5 Apr 2023 , 12:15PM As per media reports, Hindustan Zinc is unlikely to pursue its $2.98 billion cash bid to acquire Vedanta's global zinc business as it is believed that the government has warned of legal action if the company went ahead with the proposed deal. Vedanta holds 64.92% in Hindustan Zinc and government holds 29.54% stake.
  • Vedanta

    28 Mar 2023 , 10:07AM The company’s board of directors will meet today to consider 5th interim dividend. We highlight here that Hindustan Zinc (subsidiary of Vedanta) has recently announced interim dividend of Rs26/share and thus Vedanta will also pass on the benefit to its shareholders through interim dividend. We highlight here that Vedanta has declared DPS of Rs81/share so far in FY23.
  • Vedanta

    24 Mar 2023 , 12:36PM Vedanta Ltd: Board will consider fifth interim dividend for FY23 at its meeting on 28th March 2023. Record date is fixed on 7th April 2023.
  • Vedanta

    24 Mar 2023 , 12:01PM As per media articles, Vedanta Resources Ltd (VRL) reached out to sovereign wealth funds (SWFs) and alternative asset managers from the Gulf including Abu Dhabi’s Mubadala, ADQ, Bahrain’s Investcorp, and Saudi Arabia’s Public Investment Fund (PIF) for up to 10% dilution in the company. Company has debt repayments up to $2 billion maturing by June. Yesterday also there was news of stake sale which was later denied. We wait for further clarification from the company.
  • Vedanta

    23 Mar 2023 , 12:04PM As per media reports Vedanta Chairman, Anil Agarwal to consider stake sale up to 5% as a last-resort option. Negative read through. Stock already down by 4%
  • Vedanta

    23 Mar 2023 , 12:02PM Vedanta Chairman, Anil Agarwal has denied any intention to sell stake in the company. Positive read through
  • Vedanta

    16 Mar 2023 , 1:30PM As per media reports, Vedanta Group is looking to borrow from credit funds such as Farallon Capital, Davidson Kempner and Ares SSG Capital to meet more than $1 billion in upcoming loan repayments.
  • Vedanta

    15 Mar 2023 , 10:30AM The company’s promoter Vedanta Resources has repaid $150 mn of loan and released the pledged shares of Vedanta Limited. This is positive for Vedanta Limited as it addresses some bit of concern on debt servicing by the company. We highlight here that Moody’s has recently downgraded the corporate family credit rating of Vedanta Resources to Caa1 (from B3) increasing refinancing risks in debt maturities.
  • Vedanta

    10 Mar 2023 , 2:28PM Moody's Investors Service has downgraded Vedanta Resources Limited's (VRL) corporate family rating (CFR) to Caa1 from B3. Concurrently, Moody's has downgraded the ratings to Caa2 from Caa1 on the senior unsecured bonds issued by VRL and those issued by VRL's wholly owned subsidiary, Vedanta Resources Finance II Plc, and guaranteed by VRL. The outlook on all ratings remains negative. Negative read through for the stock.
  • Vedanta

    28 Feb 2023 , 11:09AM As per media reports, Vedanta Resources’ US dollar bonds has seen correction (dollar bonds due in April 2026, March 2025, and August 2024 have come off anywhere between 17-19% since January 20) post Indian government’s decision to oppose the company’s bid to sell its international Zinc business to Hindustan Zinc. Negative for Vedanta Limited (stock down by ~6% in today’s trade).
  • Govt opposes buyout of Vedanta's zinc assets

    20 Feb 2023 , 2:54PM Govt holds a 30% stake in Hindustan Zinc
  • Vedanta

    17 Feb 2023 , 10:49AM The company was selected as the preferred bidder for receiving composite licence for Kelwardabri block in Chhattisgarh, which has reserves of nickel, chromium and associated platinum group elements. Positive read through for Vedanta Limited.
  • Vedanta

    16 Feb 2023 , 10:14AM The company has been declared as the preferred bidder for Sijimali Bauxite Block, located in Rayagada and Kalahandi districts of Odisha, under the mineral block auction conducted by the Government of Odisha. Sijimali Bauxite Block hold bauxite reserves of 311 million tonnes. Positive read through for Vedanta Limited.
  • Vedanta

    7 Feb 2023 , 9:59AM As per media reports, the government has raised objections to Vedanta Resources' proposal to sell its international zinc assets for ~$3 billion to its subsidiary Hindustan Zinc. The key objection is on asset valuation and concern on relate party transactions. Negative read through for Vedanta Limited.
  • Vedanta to sell international zinc assets to HindZinc for $2,981 mn

    20 Jan 2023 , 10:44AM Hind Zinc to make payment in a phased manner based on agreed milestones
  • Vedanta to acquire Meenakshi Energy for Rs 1,440 cr

    19 Jan 2023 , 9:59AM Meenakshi Energy is a 1000 MW coal-based power plant in Nellore, Andhra Pradesh
  • Vedanta

    19 Jan 2023 , 9:49AM Vedanta is declared as the successful bidder for the acquisition of Meenakshi Energy under Corporate Insolvency Resolution Process. Meenakshi Energy is a 1,000 MW coal-based power plant in Nellore, Andhra Pradesh and the acquisition by Vedanta is expected to be completed by FY2024. Vedanta will make a upfront payment of Rs312 crore while the balance Rs1,128 crore will in the form of secured, unlisted NCDs issued by Meenakshi Energy. Positive read through for Vedanta Limited
  • Hindustan Copper and Vedanta

    12 Jan 2023 , 10:16AM Hindustan Copper and Vedanta: The international copper price has surged above $9,000/tonne (for the first time since June 2022) on expectation of demand recovery from China reopening and supply concern from Peru. Higher copper price is positive for companies like Hindustan Copper and Vedanta Limited.
  • Vedanta board approves fund raising

    9 Dec 2022 , 2:23PM Vedanta board approves fund raise of Rs. 800 cr via NCDs on pvt placement basis
  • Vedanta

    18 Nov 2022 , 12:46PM The company’s board of directors will meet on November 22, 2022 to consider and approve third interim dividend. We highlight here that Hindustan Zinc has declared Rs15/share of second interim dividend and Vedanta (holds 65% stake in Hindustan Zinc) would pass on the benefit to its shareholders (from last interim dividend of Rs21/share from Hindustan Zinc, Vedanta has passed on 93% of the same to its shareholders).
  • Vedanta

    17 Nov 2022 , 10:18AM Hindustan Zinc has declared second interim dividend of Rs15.5/share (in addition to first interim dividend of Rs21/share) or dividend of ~Rs6549 crore. Vedanta would be key beneficiary of dividend payout as it holds 65% stake in Hindustan Zinc and we need to see how much of dividend received by Vedanta is passed on to its shareholders.
  • Vedanta

    16 Nov 2022 , 10:03AM Hindustan Zinc’s board of directors is scheduled to meet on today to consider second interim dividend. Vedanta would be key beneficiary of dividend payout as it holds 65% stake in Hindustan Zinc.
  • Vedanta

    16 Sep 2022 , 10:16AM The company has clarified that its proposed semiconductor plant in Gujarat with Foxcomm would be with the holding company Volcan Investment and will not be of Vedanta. The stock price of Vedanta has run-up sharply by 17% in last 5 days on the news of semiconductor plant to be part of Vedanta and thus clarification that semiconductor plant would be part of holding company is negative for Vedanta.
  • Vedanta

    20 Jul 2022 , 9:46AM The company’s board of directors has announced second interim dividend of Rs19.5/share (implies dividend yield of ~8%) and total dividend of Rs51/share (including first interim dividend of Rs31.5/share), implies high dividend yield of 21%) for FY23 so far. Also, reduction cess rate on oil production is positive for Vedanta Limited given exposure through upstream oil & gas business.
  • Vedanta

    13 Jun 2022 , 10:22AM The company has forayed into international iron ore mining operations in Liberia, West Africa through its arm Western Cluster Limited in Liberia, West Africa. WCL already have Mineral Development Agreement with the Government of Liberia for three iron ore mining concessions namely Bomi, Bea, and Mano.
  • Vedanta

    3 Mar 2022 , 9:39AM Declared a third interim dividend of Rs 13/share and thus taking dividend to Rs45/share so far in FY22. This implies dividend yield of 11.6%. Positive read through for Vedanta Limited.
  • Vedanta

    24 Feb 2022 , 9:44AM The Board of Directors of the company on Wednesday, March 02, 2022, will consider and approve third interim dividend on equity shares, if any, for the Financial Year 2021-22.
  • Vedanta

    22 Feb 2022 , 10:33AM The company has made an Oil Discovery (named 'Durga') in its exploratory well WM-Basal DD Fan-1 drilled in OALP Block RJ-ONHP-2017/1 in Barmer District of Rajasthan. The company is doing further evaluation to assess potential commerciality of the discovery. Positive read through for Vedanta Limited.
  • Vedanta

    15 Feb 2022 , 9:51AM As per media reports, Vedanata has partnered with Taiwan’s Foxconn (world’s largest contract electronics manufacturer) to make semiconductors in India. This will help Vedanta to capitalise on a global chip shortage and also benefit from the Indian government’s support towards chip manufacturing. Vedanta will be the majority shareholder in a new joint venture company with Foxconn. Positive read through for Vedanta Limited.
  • Vedanta

    9 Feb 2022 , 9:49AM The company has completed review of its business and has decided to maintain current structure and not to spin off business as per earlier plan. Also, the company announced minimum 30% of PAT will be distributed as dividend. Positive read through for Vedanta.
  • Vedanta

    4 Jan 2022 , 10:31AM Vedanta Limited: The company reported strong Q3FY22 volume update with a 16% y-o-y increase in its cast metal aluminium production to 579000 tonnes, a growth 11% y-o-y in integrated metal production (domestic zinc) to 261000 tonnes, 2% y-o-y in working interest in oil & gas production and 33% rise in India copper cathodes production to 33000 tonnes. Robust Q3FY22 volume performance is positive for Vedanta Limited.
  • Vedanta gains as board approves interim dividend

    13 Dec 2021 , 10:27AM Vedanta rises by 3% to Rs. 360.4, as board approves interim dividend
  • Vedanta

    13 Dec 2021 , 10:20AM Vedanta Limited: The company's board of directors has approved second interim dividend of Rs13.5/share. This the total dividend so far in FY22 is at Rs32/share, which implies dividend yield of 9.1%. Positive for Vedanta Limited.
  • Vedanta board to consider second interim dividend

    9 Dec 2021 , 2:10PM Board to consider Second Interim Dividend
  • Vedanta

    9 Dec 2021 , 11:30AM The company’s board of directors will meet on December 11, 2021, to consider approval of second interim dividend. This is on expected lines post declaration of interim dividend of Rs18/share by its subsidiary Hindustan Zinc and we expect Vedanta to pass on ~40-50% of the dividend declared by Hindustan Zinc to its shareholders.
  • Vedanta

    8 Dec 2021 , 10:29AM Hindustan Zinc has declared interim dividend of Rs18/share as compared to interim dividend of Rs21.3/share announced in October 2020. The interim dividend of Rs18/share implies yield of 5.1% on CMP. Vedanta being promoter of Hindustan Zinc would be major beneficiary of dividend announced by Hindustan Zinc and will also pass on some portion of the same to its shareholders.
  • Hindalco Industries and Vedanta

    7 Dec 2021 , 10:26AM Government has imposed anti-dumping duty in the range if $65-449/tonne on flat rolled aluminium products imported from China for a period of 5 years. Positive for Hindalco Industries and Vedanta.
  • Vedanta

    3 Dec 2021 , 9:44AM Hindustan Zinc's board to meet on December 07, 2021, to consider interim dividend. We highlight here that it declared interim dividend of Rs21.3/share in October 2020. Positive for Vedanta being promoter of Hindustan Zinc and will pass on some portion of the same to its shareholders.
  • Vedanta

    23 Nov 2021 , 9:38AM Promoters of the company, Twin Star Holdings Limited and Vedanta Netherlands Investments B.V. are looking to purchase up to 170 million equity shares of Vedanta Limited at an indicative price of Rs350/share (6.5% higher than CMP of Rs329/share). Positive read through for Vedanta Limited.
  • Vedanta

    18 Nov 2021 , 9:40AM The company constitutes board committee to evaluate value unlocking measures and simplify corporate structure and improve ESG practices. Also, media reports are indicating that Vedanta would separately list aluminum, oil, iron and steel businesses. Positive for Vedanta as it could help in value unlocking.
  • Vedanta

    24 Sep 2021 , 10:08AM Vedanta Limited: The company intentions to delist its American Depositary Shares (ADS) from the New York Stock Exchange and terminate the program due to low trading volumes and higher cost of maintenance. The company intends to file a Form 25 with the SEC on or about October 29, 2021 to delist ADS.
  • Vedanta

    2 Sep 2021 , 9:37AM Vedanta Limited: Board has approved first interim dividend of Rs18.5/share for the FY22 as compared to first interim dividend of Rs9.5/share in FY21. The record date for the dividend is September 9, 2021.
  • Vedanta

    1 Sep 2021 , 9:42AM The company's board of directors is scheduled to meet today to consider first interim dividend for FY22. We highlight here that last year the company had announced first interim dividend of Rs9.5/share for FY2021.
  • Vedanta

    30 Aug 2021 , 9:47AM Vedanta Limited: The company's board to consider first interim dividend for FY22 on September 01, 2021. We highlight here that last year the company had announced first interim dividend of Rs9.5/share for FY2021.
  • Vedanta

    12 Jul 2021 , 10:55AM As per media reports, Vedanta is among the 11 bidders eyeing Videocon’s oil & gas assets in Brazil and if Vedanta get the assets, it would expand its oil & gas assets in overseas. The company has also increased the price of Aluminium Ingots by Nearly 2%. Also, any potential resolution of legal battle between Vedanta and Zambian government with regards to the Konkola Copper Mines would remove big overhang for Vedanta Limited.
  • Vedanta

    29 Jun 2021 , 2:14PM Vedanta Limited: As per media reports, DGTR has recommended to impose countervailing duty in the range of 6-16% on Aluminum wires rods imported from Malaysia for next five years. Aluminum wires are used on steel and electronic industry. Vedanta Limited would be one of the key beneficiary of likely countervailing duty on Aluminum wires rods.
  • Vedanta

    23 Jun 2021 , 10:40AM Vedanta Limited: The company has been awarded the Kuraloi (A) North coal block in Odisha with a geological reserve of 1,680 million tons. The mine, with an estimated annual capacity of 8 million tons, will ensure fuel security, improve power availability and further strengthen the company’s aluminium smelter operations in Jharsuguda. Positive read through for Vedanta Limited.
  • Vedanta

    8 Apr 2021 , 9:14AM The company’s voluntary open offer to buy 65.1 crore shares in Vedanta Limited at Rs235/share has received offers for 37.42 crore shares or 57.5% of the offer size.
  • Vedanta

    17 Mar 2021 , 9:15AM The company’ parent Vedanta Resources has increased the open offer price for buying shares in Vedanta Limited of Rs235/share, which at premium of ~3.7% to the last trading price of Rs227 but substantially higher than the previous offer price of Rs160. The company has also raised the offer size to 65.1 crore (17.5% of total outstanding shares from previous offer size of 10%), which translates into total open offer size of Rs15,299 crore. The open offer starts on March 23 and closes on April 7, 2021.
  • Vedanta

    17 Feb 2021 , 10:49AM Vedanta Limited: India Ratings has revised the outlook of the company from AA-/Negative to AA-/Stable. Sentimentally positive for Vedanta Limited
  • Vedanta

    12 Feb 2021 , 9:38AM Vedanta Limited: The company has approved issue of up to 5,000 secured NCDs of face value Rs 10 lakh each aggregating up to Rs500 crore on a private placement basis.
  • Vedanta

    5 Feb 2021 , 10:09AM The company’s board of directors has approved the expansion of capacity for its Lanjigarh Alumina Refinery to 5mtpa (an increase of 1.5x from exiting capacity of 2mtpa) at a capital expenditure of ~Rs3779 crore. The expansion plan is subject to government approvals. Positive read through for Vedanta Limited.
  • Vedanta

    22 Jan 2021 , 12:31PM Vedanta : The company’s mined metal production increased by 4% y-o-y to 2.44 lakh tonnes in Q3FY21 and integrated metal production was up 7% y-o-y to 2.35 lakh tonnes. Integrated saleable silver production up 23% to 5.8 moz, due to higher lead production, partially offset by lower grade at SK mines. Iron ore production in Karnataka up 21% to 1.4 million tonnes while pig iron production down 19% to 1.45 lakh tonnes. Total saleable production of steel up 7% year-on-year to 3.4 lakh tonnes. Aluminium production at Lanjigarh refinery down 14% to 4.07 lakh tonnes.
  • Vedanta

    20 Jan 2021 , 11:17AM As per media reports, Kyma Capital (founded by former Blackstone trader) is set to complain to US regulator (Securities and Exchange Commission) against Vedanta Limited for ~$1 billion in loans by Vedanta Limited its parent company. Kyma Capital seeks repayment of loan to Vedanta Limited. Negative read thru.
  • Vedanta

    18 Jan 2021 , 1:47PM The company’s Vedanta Zinc International has said that mining operations at its Gamsberg mine in South Africa has restarted following a closure in November/December (due to collapse of pit wall). Gamsberg mine produced ~108k tonnes in FY2020.
  • Vedanta

    11 Jan 2021 , 12:29PM The company’s promoter group has launched open offer to buy 10% stake in Vedanta Limited. The parent has offered to buy up to 37.17 crore shares from public shareholders at a price of Rs160/share which is at ~12% discount to last closing price of Rs182. Negative read through for Vedanta Limited given discount on CMP
  • Vedanta promoters make open offer to buy 37.2 crore shares

    11 Jan 2021 , 10:49AM Promoter group launches open offer to buy 10% stake in the company
  • Vedanta turns highest bidder for Odisha coal block

    31 Dec 2020 , 11:36AM It has total reserves of 312 million tonnes
  • Vedanta promoters’ entire stake under pledge

    29 Dec 2020 , 9:59AM Now the promoter would have created pledge for the additional 4.98% stake (which it had bought out recently)
  • Vedanta promoters to pick up stake

    24 Dec 2020 , 1:29PM With this transaction, promoters’ stake in Vedanta Limited would likely increase to 55.1% from 50.14% currently.
  • Vedanta

    4 Dec 2020 , 12:24PM Moody's has downgraded the Vedanta Resources' Corporate Family Rating to B2 from B1. The firm said that all ratings remain under review for further downgrade. Moody's has cited a persistently weak liquidity profile and high refinancing risks amid growing signs of an aggressive risk appetite as some of the key reasons for the downgrade.
  • Vedanta

    19 Nov 2020 , 9:15AM As per media reports, Vedanta Resources Limited, parent of Vedanta Limited, is likely to make an open offer to its shareholders to increase its stake to 75% (promoter stake at 50.1% currently) post the failed delisting plan. The likely increase in stake would help Vedanta Limited to get higher dividend from subsidiaries but we need to see here that open offer comes at what price for the minority shareholders. Positive for Vedanta Limited.
  • Vedanta

    30 Oct 2020 , 12:06PM CRISIL downgrades long-term facilities to CRISIL AA- from CRISIL AA. The outlook has been revised to stable from negative.
  • Vedanta

    26 Oct 2020 , 9:35AM The company has declared interim dividend of Rs9.5/share amounting to Rs3,500 crore. The dividend declared is 60% of the amount (Rs5,843 crore) received from Hindustan Zinc as dividend and implies a healthy dividend yield of 9.1%. The dividend payout by Vedanta is below expectation and is negative for the stock as the stock has already run-up by 10% in the last one week on anticipation of higher dividend payout.
  • Vedanta

    22 Oct 2020 , 10:18AM Board of directors of the company will meet on October 24, 2020 to consider and approve interim dividend for FY2021. The record date for interim dividend (if declared any) is being fixed as October 31, 2020. We highlight here that Vedanta will receive Rs5,843 crore (or Rs15.7/share) as dividend from Hindustan Zinc and how much Vedanta Limited passes on to its shareholders would be key thing to watch out. Positive read through for Vedanta Limited.
  • Hindustan Zinc, Vedanta

    21 Oct 2020 , 9:37AM Hindustan Zinc has declared the highest ever interim dividend of Rs21.3/share (implies yield of 9.6%) or Rs9,000 crore in absolute terms (record date of October 28). Vedanta Limited will get Rs5,843 crore (Vedanta stake of 64.92% in Hindustan Zinc) and the same works out to be Rs15.7/share for Vedanta Limited (or 15.8% of its market capitalisation of Rs36,875 crore). Positive read through for Hindustan Zinc and Vedanta Limited (ADR up by 5.65%). Capital allocation and dividend pay-out would key thing to watch out for Vedanta Limited
  • Vedanta

    12 Oct 2020 , 9:48AM The company has said in an official announcement that the delisting offer is deemed to have failed as per terms of the delisting regulations. The company said that 125.47 crore shares were validly tendered by public shareholders as against requirement of 134.12 crore for successful delisting to cross 90% of public shareholding. The failure of delisting is negative for Vedanta and expect stock to correct in near term until there is further management commentary on further action plan by promoters of Vedanta Limited
  • Vedanta

    9 Oct 2020 , 10:40AM LIC has said in a media interview that fair value for Vedanta Limited is at ~Rs320/share and the insurance company will not tender its shares in Vedanta below fair value. highlight here that LIC holds 23.7 crore share of Vedanta Limited and tenders its share at Rs320/share than there is high possibility of the same being rejected by the promoter of Vedanta.
  • Vedanta

    7 Oct 2020 , 9:38AM As per media reports, indicators are suggesting that discovered delisting price for Vedanta Limited could be ~3.5-4.5x of the floor price of Rs87.3/share, which translates into much higher price as compared to its CMP of Rs138. We highlight here the reverse book building process for delisting of Vedanta Ltd had started on October 05, 2020 and will end on October 09, 2020.
  • Vedanta

    5 Oct 2020 , 11:40AM The reverse book building process for delisting of Vedanta Ltd will started today and end on October 09, 2020. Stakeholders Empowerment Services (governance advisory firm) has recommended that shareholders must offer their shares in the range Rs200-250, which is 25-56% higher than street expectation of Rs160.
  • Vedanta

    29 Sep 2020 , 9:39AM The company has received regulatory approval for reverse book building for delisting of its shares from stock exchanges. The reverse book building process will start on October 5 and closes on October 9, 2020 and the last date for the announcement of discovered price is October 16, 2020. The indicative delisting price seen would be close to Rs135/share (versus last closing price of Rs139) as the Vedanta Resources (parent of Vedanta Limited) has raised funds closed to $3.2 billion for delisting of Vedanta Limited.
  • Vedanta

    28 Sep 2020 , 2:32PM As per media reports, Vedanta Limited is expected to soon receivable regulatory nod for launch of reverse book building for delisting of Vedanta Limited from stock exchanges. The delisting process likely to start next week and would end by mid October 2020. The indicative delisting price seen in the range of Rs127-135/share as the Vedanta Resources (patent of Vedanta Limited) has raised funds closed to $3.2 billion for delisting.
  • Vedanta

    23 Sep 2020 , 10:12AM Vedanta Resources avails loan facility of $1.75 billion from lenders like JPMorgan Chase, Barclays, Credit Suisse, Deutsche Bank and Standard Chartered Bank. Four promoter entities have created a combined share pledge of 186.3 crore shares or 50.13% of total equity as per the agreement on September 18, 2020. The funds raised will be utilised for proposed delisting of Vedanta Limited and would fastrack delisting process. We believe that the delisting of Vedanta Limited is likely to happen at close to fair value (total debt funding of $3.2 billion by the promoter of Vedanta Ltd implies purchase price of Rs128/share for delisting for Vedanta Limited).
  • Vedanta

    18 Sep 2020 , 10:00AM As per media reports, Vedanta Limited has approached SEBI for necessary approvals to start the reverse book building process for delisting of Vedanta Limited from the stock exchanges. The floor price for delisting is Rs87.5/share but the delisting is likely to happen at close to fair value (recent debt funding of $3.2 billion by the promoter of Vedanta Ltd implies purchase price of Rs128/share for delisting for Vedanta Limited).
  • Vedanta

    16 Sep 2020 , 11:57AM As per media reports, Vedanta Limited has won $499 million cost recovery case against the government of India. Positive read through for Vedanta Limited.
  • Vedanta

    15 Sep 2020 , 10:18AM As per media reports, Vedanta Limited is the sole bidder for Videocon’s 25% in the Ravva oil and gas field located in the shallow offshore area of the Krishna-Godavari basin. Vedanta Limited through its subsidiary Cairn Oil & Gas holds 22.5% stake in the field while ONGC holds 40% stake.
  • Vedanta

    14 Sep 2020 , 12:46PM During the market hours on Friday (September 11, 2020), media reports were indicating that Vedanta Resources is in talks with banks to raise additional $600 million to fund the planned delisting of Vedanta Limited from the stock exchanges. The fund raising for delisting could go up to $3.75 billion. Successful fund raising would fastrack delisting process of Vedanta Limited and an official announcement on further course of action on the planned delisting could be announced soon by the company.
  • Vedanta

    11 Sep 2020 , 2:54PM As per media reports, Vedanta Resources is in talks with banks to raise addition $600 million to fund the planned delisting of Vedanta Limited from the stock exchanges. The fund raising for delisting could go upto $3.75 billion. Successful fund raising would fast rack delisting process of Vedanta Limited.
  • Vedanta

    3 Sep 2020 , 10:14AM The company has revised FY2020 book value to Rs89.4/share as per delisting regulations versus Rs147/share based on FY2020 results. This would result into lower floor price for delisting of Vedanta Limited but would not have impact on discovered price through reverse book building process and delisting is likely to happen at close to fair value (recent debt funding of $3.2 billion by the promoter of Vedanta Ltd implies purchase price of Rs128/share for delisting for Vedanta Limited).
  • Vedanta

    31 Aug 2020 , 10:00AM As per the media reports, Vedanta Limited has pledged its entire shareholding (64.9% stake) in subsidiary Hindustan Zinc Ltd to help fund delisting of Vedanta Limited from the stock exchanges. Positive for Vedanta Limited as the move would accelerate the delisting process.
  • Vedanta

    26 Aug 2020 , 9:05AM As per media reports, Vedanta Resources Ltd has raised a $1.75 billion loan to fund the delisting plan for Vedanta Limited. The move would help accelerate the delisting process of Vedanta Limited. We highlight here that shareholders of Vedanta Ltd as already approved the delisting of the company.
  • Vedanta

    18 Aug 2020 , 1:46PM As per media reports, Madras High Court has refused to stay the Tamil Nadu government order to shutdown Sterlite copper smelting plant at Thoothukudi (in Tamil Nadu). The copper smelting plant remains shut since April 9, 2018 due to concerns of pollution.
  • Vedanta

    29 Jul 2020 , 12:11PM Moody's Investors Service has reaffirmed Vedanta Resources Limited's B1 corporate family rating (CFR) and the B3 rating on the company's senior unsecured bonds. The outlook on all ratings has been changed to negative from ratings under review.
  • Vedanta

    14 Jul 2020 , 10:14AM As per media reports, Hindustan Zinc Limited, subsidiary of Vedanta Limited, is seeking to raise as much as Rs50 billion ($665 million) through local currency bonds to help finance plan to delist Vedanta Limited.
  • Vedanta

    1 Jul 2020 , 11:35AM As per media reports, Vedanta Resources Plc is seeking to increase a planned $2.5 billion loan by $250 million to help it advance a decision to delist its Vedanta Limited. The move would help accelerate the listing process of Vedanta Limited.
  • Vedanta

    26 Jun 2020 , 9:57AM Shareholders of Vedanta Ltd has approved the promoter’s delisting plan (to delist Vedanta Ltd from BSE and NSE) with 93.34% votes polled in favour of the motion (85% of the public institution shareholders and 74.7% of public non-institution shareholders voted in favour of the motion).
  • Vedanta

    24 Jun 2020 , 9:45AM As per media reports, Vedanata Limited is in advanced talks with banks led by JPMorgan Chase for a loan of ~$2.5 billion to finance the company's proposed de-listing of Vedanta Limited. The syndicate of banks may include Barclays, Citigroup, Deutsche Bank and Credit Suisse and an informal agreement may be reached as early as next week.
  • Vedanta

    18 Jun 2020 , 11:43AM As per media reports, Supreme Court will hear today the government’s challenge to Vedanta Limited’s arbitration award of $499 million (instead $198 million capped by the government) for the development of Ravva oil and gas fields in Rajasthan.
  • Vedanta

    9 Jun 2020 , 11:41AM As per media reports, The Ministry of Petroleum and Natural Gas has petitioned the Supreme Court against an arbitration award allowing Vedanta Ltd. along with Videocon Industries to recover $499 million instead of the $198 million capped by the government for the development of Ravva oil and gas fields in Rajasthan. The case is scheduled to be heard in the next week.
  • Vedanta

    3 Jun 2020 , 9:18AM As per media reports, Vedanta Resources has appointed US-based shareholder engagement firm Georgeson to convince shareholders to accept its delisting process for Vedanta Limited. We highlight here that Vedanta Resources has recently expressed its intention to acquire all public shareholding (49%) of Vedanta Limited and delist Vedanta Limited from Indian stock exchanges.
  • Vedanta

    28 May 2020 , 10:28AM India Ratings and Research downgrades the long-term issuer rating of Vedanta Limited to IND AA- from IND AA with a negative outlook due to substantial decline in economic activity due to COVID-19 and balance sheet leverage to remain elevated in FY2020 and FY2021.
  • Vedanta

    19 May 2020 , 9:50AM Vedanta Limited: The board of directors of Vedanta Ltd has approved the proposal from Vedanta Resources to delist Vedanta Ltd from the stock exchanges. The board has also granted approval to the company to seek shareholders’ nod for delisting proposal by way of special resolution through postal ballot and e-voting. With the board approval, the company has started the process for delisting Vedanta Ltd from BSE and NSE.
  • Vedanta pare gains after trading high

    13 May 2020 , 10:19AM Vedanta trim gains after surging by 10% as board to consider voluntary delisting of the equity shares
  • Vedanta

    13 May 2020 , 9:11AM : Promoter of Vedanta Ltd (promoter holding at 50.1%) will meet on May 18, 2020 to decide on de-listing of Vedanta Limited from BSE and NSE. Vedanta Resources has expressed its intention to acquire all public shareholding (48.94% or 169.1 crore equity shares) at a price of Rs87.5/share (implying a discount of 2% from the last closing price and also at discount to its 52-week high of Rs180/share). We expect promoter to sweeten the offer for existing shareholders. Moreover, successful delisting of Vedanta Ltd would give access to cashflows of Hindustan Zinc and thus help in financing for debt obligations. Positive read through for Vedanta Limited (stock already up by 15% in the last two trading days) with potential for further increase from current levels on expectations of sweetening of offer for delisting.
  • Vedanta

    4 Mar 2020 , 11:44AM Moody's has downgraded Vedanta’s corporate family rating to B1 from Ba3 and rating on senior unsecured bonds issued to B3 from B2 due to sustained deterioration in the company's credit profile – negative read through for Vedanta Limited.
  • Vedanta

    26 Feb 2020 , 11:05AM As per media reports, Vedanta is looking for minority stake sale in its subsidiary Cairn India or also open to a public issue. Media reports are indicating that the company may raise Rs10,500-14,100 crore for 25% stake sale in Cairn India to a strategic partner. The proceeds would be used to pare huge debt of ~Rs46,500 crore.
  • Vedanta

    1 Feb 2020 , 10:02AM The company will acquire Ferro Alloys Corporation Limited (FACOR) for Rs280 crore (Rs10 crore upfront payment and Rs270 crore payable equally over 4 years commencing March 2021). FACOR is engaged into the business of producing ferro alloys and owns a ferro chrome plant with capacity of 72,000TPA, two operational chrome mines and 100MW captive power plant through its subsidiary, Facor Power.
  • Vedanta

    22 Jan 2020 , 10:18AM As per media reports, Vedanta group is planning to sell a minority stake in Cairn India to a strategic partner to raise ~$1.5-$2 billion and the proceed would be used to reduce debt (gross debt stood at Rs55,898 crore or $8billion as on September 2019). Occidental Petroleum, ConocoPhillips and ExxonMobil of the U.S., ENI of Italy, Petronas of Malaysia and Abu Dhabi National Oil Company are likely to be tapped for the stake sale in Cairn India – positive read through for Vedanta Limited as the move would help in deleveraging of balance sheet.
  • Vedanta

    5 Dec 2019 , 11:37AM The company stated that its Board has approved raising upto Rs 3,000 crore via debentures.
  • Vedanta

    2 Dec 2019 , 11:02AM The company stated that it plans to raise upto Rs 3,000 crore by issuance of non-convertible debentures.
  • Vedanta

    6 Nov 2019 , 11:13AM Vedanta Limited: As per media reports, S&P has downgraded long term rating of Vedanta Resources to ‘B’ from ‘B+’. Negative for Vedanta Limited.
  • Zambia high court suspend petition by state-owned ZCCM-IH

    28 Aug 2019 , 11:16AM Vedanta Limited: As per media reports, Zambia’s High Court suspended petition by state-owned ZCCM-IH to liquidate Vedanta Resources’ copper mine until the Court of Appeal rules on the lower court’s refusal to let the matter go to arbitration – sentimentally positive for Vedanta Limited.
  • Vedanta gets environment clearance for expansion of oil and gas operations

    26 Apr 2019 , 11:48AM Vedanta Limited: Has received environment clearance for the expansion of its oil and gas operations in Rajasthan that would entail an investment of Rs12,000 crore as per media reports. The company aims to expand onshore oil production from the existing 3,00,000 BOPD (barrels oil per day) to 4,00,000 BOPD and gas production from 165 mmscfd (million standard cubic feet per day) to 750 mmscfd from the RJ-ON-90/1 block – positive read through for Vedanta Limited.
  • Vedanta notifies oil discovery in Krishna-Godavari block

    28 Mar 2019 , 10:54AM Vedanta Limited: Management notified oil discovery in the second exploratory well H2, located in the block KG-OSN-2009/3, Krishna-Godavari Basin. Vedanta Limited holds 100% participating interest in the block – long term positive for Vedanta Limited if it is able to establish commercially viable oil reserves.
  • Vedanta declares interim dividend of Rs 1.85 per share

    7 Mar 2019 , 11:56AM Board declares second interim dividend
  • Vedanta

    1 Feb 2019 , 9:30AM Co. announced weak set of numbers. Vedanta pumps Rs 1,431 cr in Anglo American, buys Volcan's stake. Revenue down 3 % to Rs 23,669 crore. Ebitda margin at 29 % versus 35 %. PAT down 21 %at Rs 1,574 crore.
  • Vedanta falls after Tamil Nadu moves SC against NGT

    2 Jan 2019 , 2:43PM Vedanta slips over 4% to Rs. 193.25, after Tamil Nadu government moves to Supreme Court for closure of its copper plant in Tuticorin
  • Vedanta gains as NGT allows to start operations at Tuticorin plant

    17 Dec 2018 , 9:56AM Vedanta rises over 6% to Rs. 214.25, after NGT order allows reopening of Tuticorin plant
  • Government signs hydrocarbon contracts

    3 Oct 2018 , 11:30AM Government has signed contracts for hydrocarbon blocks awarded under open acreage license policy auction round 1 with Vedanta Limited (41 blocks) , Oil India Limited (9 blocks) and ONGC (2 blocks). We have already highlighted the news in our FNA earlier when the above mentioned companies had won the hydrocarbon blocks. Positive for Vedanta Ltd
  • Vedanta bags 41 Oil & Gas exploration blocks

    29 Aug 2018 , 10:33AM Vedanta has bagged 41 oil and gas exploration blocks in India's first round of auction under open acreage licensing policy while state owned ONGC and Oil India won 2 and 9 blocks respectively while GAIL, upstream arm of Bharat Petroleum Corporation and Hindustan Oil Exploration Co received one block each - positive read through for Vedanta
  • Vedanta to bag 40 oil and gas exploration blocks

    8 Aug 2018 , 1:12PM Vedanta is likely to bag as many as 40 oil and gas exploration blocks
  • Vedanta Ltd protests demanding closure of the company’s copper smelter

    23 May 2018 , 10:40AM Negative read through for Vedanta Ltd.

Key fundamentals

Evaluate the intrinsic value of Vedanta Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 107768 109835 114345 104872 109472
Liabilities 107768 109835 114345 104872 109472
Equity 372 372 372 372 372
Gross Profit 12579 9440 17678 8660 5827
Net Profit 6623 27356 17245 10503 -6732
Cash From Operating Activities 13535 12491 12564 6047 7199
NPM(%) 9.36 40.18 27.25 28.05 -18.77
Revenue 70757 68080 63277 37440 35858
Expenses 58178 58640 45599 28780 30031
ROE(%) 17.66 72.97 46 28.01 -17.95

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
24 Dec 2024 8.5 850 6.66 514.35
0 0 6.66 479.85
10 Sep 2024 20 2000 6.66 466.05
02 Aug 2024 4 400 6.66 432.7
24 May 2024 11 1100 6.66 414.05
30 May 2023 18.5 1850 6.66 278.55
06 Apr 2023 20.5 2050 6.66 271.25
03 Feb 2023 12.5 1250 6.66 329.15
29 Nov 2022 17.5 1750 6.66 307.3
26 Jul 2022 19.5 1950 6.66 238.75
06 May 2022 31.5 3150 6.66 432.6
09 Mar 2022 13 1300 6.66 352.2
17 Dec 2021 13.5 1350 6.66 356.15
08 Sep 2021 18.5 1850 6.66 298.6
28 Oct 2020 9.5 950 6.66 104.45
05 Mar 2020 3.9 390 6.66 130.25
13 Mar 2019 1.85 185 6.66 174.95
06 Nov 2018 17 1700 6.66 211.15
20 Mar 2018 21.2 2120 6.66 304.15
11 Apr 2017 17.7 1770 6.66 274.5
07 Nov 2016 1.75 175 6.66 203.95
30 Oct 2015 3.5 350 6.66 101.25
06 Jul 2015 2.35 235 6.66 207.05
03 Nov 2014 1.75 175 6.66 248.5
04 Jul 2014 1.75 175 6.66 190.6
06 Nov 2013 1.5 150 6.66 195.7
31 May 2013 0.1 10 6.66 155.2
08 Jun 2012 2 200 6.66 182.35
01 Feb 2012 2 200 6.66 189.5
30 Jun 2011 3.5 350 6.66 326.7
02 Jul 2010 3.25 325 6.66 456.2
31 Jul 2009 2.25 225 6.66 116.3
11 Jul 2008 30 300 6.66 4172.6
06 Feb 2008 15 150 6.66 2996.3
21 Sep 2007 25 250 6.66 1858.45
19 Feb 2007 15 150 6.66 1898.5
04 Dec 2006 25 250 6.66 1142.85
13 Mar 2006 15 150 6.66 1058.3
11 Jul 2005 20 200 6.66 655.1
06 Jan 2005 5 50 6.66 940.95
28 Jun 2004 8 80 6.66 343.55
12 Feb 2004 2 20 6.66 625.95
09 Sep 2003 2.5 25 6.66 157.8
20 Jun 2002 0 30 6.66 60.2
23 Jul 2001 0 30 6.66 62.35
0 15 6.66 66.75
0 25 6.66 171.65
0 25 6.66 184.9

Peers

Other companies within the same industry or sector that are comparable to Vedanta Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Lexus Granito (India) Ltd 36.53 -0.63 0.00 894.35 -82.11 0.00
Aro Granite Industries Ltd 34.88 1.01 0.00 677.71 8.59 0.00
NMDC Ltd 63.80 -1.53 8.66 129815.36 634.12 11.36
Shirpur Gold Refinery Ltd 4.95 0.00 0.00 1290.61 -357.41 0.00

Company Info

YEAR EVENTS 1954 -Baron Ludovic Toeplitz lands in Goa. With the financial backing of an enterprising Italian, Alessandro, he acquires the Orosso Dongor Mining Concession in North Goa and starts a Company called Scambi Economici S.A. Goa 1955 -The Company renamed Sesa Goa Limitada is bought over jointly by Gewerkeshaft Exploration e Bergbau represented by Eugene Plotzki and by Ferromin S.p.A. of Italy ( a subsidiary of Finsider S.p.A. of the IRI Group) represented by Paolo Tradardi, both parties having equal shareholding 1957 -Another company started in Goa, Mingoa Sociedade Minieral Goesa S.a.r.l. is incorporated with Fiat of Torino as the principal shareholder. 1963 -Finsider S.p.A. acquires the West German interest in Sesa Goa Limitada and also all the shares of Mingoa. 1965 - With the application of the Companies Act 1956, to Goa, it was incorporated under the Act on 25th June, as a Private Limited Company under the name Sesa Goa Pvt. Ltd. It was wholly owned subsidiary of Istututo per la Recostruzion Industriale, an Italian Govt. controlled company. 1978 - 14,000 Bonus shares issued in prop. 2:3. 1979 - In April, another wholly owned subsidiary of Finsider S.P.A., Italy was also engaged in the mining and export of iron ore. Mingoa Pvt. Ltd., was amalgamated with the company. As per the Scheme of Amalgamation, 38,500 No. of equity shares of Rs 500 each were allotted to Finsider S.P.A., Italy without payment in cash. 1981 - The Company was converted into a public limited company on 25th March. - During November, Finsider S.P.A., Italy offered for sale out of its holding in the Company 22,05,000 No. of equity shares of Rs 10 each at a premium of Rs 2.50 per share in the following manner: (i) 1,83,750 shares reserved for firm allotment to public financial institutions, (ii) 1,83,750 shares reserved for firm allotment to the business associates and employees of the Company and (iii) 18,37,500 shares to the public. 1984 - A beneficiation plant with a throughput capacity of 15 lakhs tonnes was being set up in two stages to improve the quality and marketability of the ore. 1986 - The first phase of the beneficiation plant and with a capacity of 7.5 lakh tonnes per year, was commissioned in January. - The Company decided to enter a new area of activity of information systems and services in collaboration with STET, the financial holding for electronics in the IRI Group. - 14,70,000 Bonus shares issued in prop. 2:5. 1987 - The ship building division suffered a setback due to labour problems with subcontractors resulting in delay in the completion of some of the vessels. - The Ship building division proposed to carry out a programme of phased investment to upgrade the shipyard's technological capability as also to increase its capacity. - The Company obtained initial registration for the manufacture of 60,000 tonnes of low phos pig iron at Navelim near Sanquelim in Goa. - The Company obtained the necessary pollution clearance for the project and a final technological evaluation of the project was undertaken to maximise operational efficiencies in future. - A biotech pilot plant was set up in the mines for the treatment of tailing waste with micro organisms which feed on the mangniferous clay. - Along with indigenous stern gear, particularly the fishing of marine propellers, a separator tank capable of efficiently recovering iron ore fines from cyclone under-flows was developed. - Approval from Govt. was received for technology agreement for manufacture of a sophisticated fishing trawler based on drawings from a Norwegian Company and Technical collaboration with Fincantieri of Italy, member of the IRI group was entered into for the technological upgradation of the shipyard. 1988 - Sesa Seat Information Systems Pvt. Ltd., was incorporated in January, as a subsidiary of the Company. Effective 29th March, 1993, the Company ceased to be a subsidiary of the company. 1989 - The Company laid the foundation stone of the project to manufacture 1,50,000 tonnes per year of low phosphorus pig iron at Amona near Sanquelim in Goa. 1990 - On 11th January, the Company issued 6,48,270-12.5% secured partly convertible debentures of Rs 110 each. Of these, 6,17,400 debentures were offered to the equity shareholders on rights basis in the ratio of 1 debenture: 5 equity shares (all were taken up) and 30,870 debentures offered to the employees of the Company (all were taken up). - The convertible portion of Rs 60 per debenture was converted into 2 equity shares of Rs 10 each, at a premium of Rs 20 per share on 1st February, 1992. - The amount of Rs 50 representing the non-convertible portion will be redeemed in 3 instalments of Rs 15, Rs 15 and Rs 20 at the expiry of the 6th, 7th and 8th year respectively from the date of allotment. - With a view to manufacturing indigenous coke, the Company in collaboration with Kembla Coal & Coke Pvt. Ltd., Australia set up Sesa Kembla Coke Co. Pvt. Ltd., Kembla Coal & Coke Pvt. Ltd., Australia is to participate to the extent of 40% in the share capital of the new venture through its subsidiary Kembla Goa holdings Ltd. 1991 - 12,96,540 No. of equity shares allotted (prem. Rs 20 per share) in conversion of debs. Another 8,64,360 No. of equity shares (prem. Rs 20 per share) allotted to Finalder international S.A. Luxembourg to maintain their equity stake in this company at the existing level. 1992 - The pig iron plant was commissioned. A new Company in the name of Sesa Industries Ltd., was set up for implementing expansion and diversification plans in the steel related areas. - The Sesa Industries Ltd., set up a second pig iron plant with a capacity of 90,000 TPA of pig iron. It was proposed to make a preferential issue of its equity shares (prem. Rs 12.50 per share) to the shareholders of Sesa Goa Ltd., in the ratio of 1:2. 1993 - Two 2500 tonnes barges and ten small steel boats were delivered by the shipbuilding division. - 73,05,900 bonus shares allotted in prop. 1:1. 32,80,220 No. of equity shares (prem. Rs 50) allotted to Finalder International Co. Ltd. to maintain their stake at 51%. 1994 - Second blast furnace was commissioned in the pig iron plant of Sesa Industries. 1995 - 17,89,200 rights shares issued (prop. 1:10 prem. Rs 90). Of these 47,613 shares were kept in abeyance. 1996 - During 7th, November, there was an amalgamation of the 100% subsidiary, Sesa Shipping Ltd. with Sesa Goa Ltd. - The Company owns 21 mining concessions. These mining concessions were granted to the Company under the Portuguese Law according to which they are to run in perpetuity so long as the terms of the concessions are complied with. - Appropriate agreement was been reached whereby shares of Australian collaborators were taken over by the company making Sesa Kembla Coke Company a 100% subsidiary. Sesa Industries Ltd. is a subsidiary of the Company. - 44,898 shares issued kept in abeyance in the rights issue. 1997 - The Company installed a plant for the recovery of pellet feed from the tailings through high intensity magnetic separating process at Codli Mines. - 2,525 shares kept in abeyance issued. - The company manufacturers 1.8 lac tonnes of pig iron through a subsidiary and producers metallurgical coke through a joint venture with Kembla Coal and Coke, an Australian company. - The company, it has become a subsidiary of Mitsui, with two Mitsui directors now on the board. - Sesa Goa Ltd. is learnt to be all set to acquire the entire equity holding of its Australian collaborator, Kembla Goa Holdings Ltd, Mauritius, in Sesa Kembla Coke Company Ltd (SKCCL), a subsidiary of Sesa Goa. - Sesa would also be supplying hot metal to the proposed Teksid plant, a subsidiary of Fiat, being set up here. 1998 - Sesa Goa became part of the Mitsui family after the latter took over Finsider International of Italy a couple of years ago. 1999 - The company has acquired Narrain Mines, Karnataka, to shield itself from any price increase or variation in the quality of iron ore. - Sesa Goa is entered into a technical collaboration with Vaagen Verft, Norway, to manufacture fishing transfers. 2000 - The Company has closed down its Engineering Unit at Sirsaim and its workshop at Sanquelim with effect from September 19. - The company has introduced Voluntary Retirement Scheme during the year to restructure the organisation. 2002 -Sesa Goa Ltd informs that the Board of Directors of the Company have accepted the withdrawal of nomination of Dr K S Subramanian as Director by ICICI Ltd and Mr K R V Subramanian has been appointed as an Additional Director of the Company w e f May 22, 2002. 2003 -The Board of Directors of Sesa Goa Ltd at its meeting held today (January 29, 2003) has appointed Mr Leonard Anthony Dean, as Managing Director of the company wef April 01, 2003 in place of C M Brown whose term expires on March 31, 2003. -Receives Iron ore supply order from Pakistan Steel Mills for next 5 years. 2004 -Sesa Group completes 50 years of operations. -Sesa Goa's Shipbuilding Division builds its 62nd vessel, a 2200T barge for its own fleet. -Sesa Industries and Sesa Kembla sign an agreement with M/s Goa Energy Private Limited, a part of Videocon Group, to set up a 30MW Power plant at Amona. -Iron ore sales crosses 8.5 million MT. -First sale of Sesa Kembla technology effected. -Compact charging system for coke plant is being commissioned. -Sesa Kembla Coke Comany Limited, a 100% subsidiary of Sesa Goa Limited, is merged with Sesa Goa Limited with effect from 1 April 2004. -Iron ore sales crossed 9.8 million tonnes. 2005 -Sesa Goa issues bonus shares to its shareholders. -Sesa Group declares a final dividend of 200% in addition to an interim dividend of 50% on the pre-bonus share capital. -Forbes Asia ranks Sesa Goa as one of Asia's 200 companies with sales than 1 billion US $ in its "Best Under A Billion" study. - Sesa Goa has given the Bonus in the Ratio of 1:1 2006 -Dun & Bradstreet ranks Sesa Goa as the 4th best in the Indian Mining Sector among India's top 500 companies. -Sesa Industries Limited is ranked 8th Best transitioning medium enterprises in a study conducted by Citigroup and IMA India. -Iron ore sales rise to 10.87 million tonnes in 2006 - 07. -Sesa Group records its highest profit in 2006 - 07 and declares a dividend of 400%. - Vedanta Resources plc, a diversified metals and mining group, listed on the London Stock Exchange acquires 51% controlling stake in Sesa Goa Limited from Mitsui & Co. Ltd. 2007 - Iron ore sales rise to 10.87 million tonnes in 2006 - 07. 2008 -Iron ore sales rise to 12.39 million tonnes in 2007 - 08. -The Company has issued Bonus Shares in the Ratio of 1:1. - The Company has splits its face value from Rs10/- to Rs1/-. 2009 -Sesa Goa Limited and Dempo Group have signed a definitive Share Purchase Agreement under which Sesa has acquired all the outstanding common shares of VS Dempo & Co. Private Limited, along with its 100% equity shares of Dempo Mining Corporation Pvt. Ltd and 50% equity shares of Goa Maritime Private Limited. 2010 - Sesa Goa to acquisition of a strategic stake in cairn india ltd. 2011 - Sesa Goa Limited announces that it has acquired the assets of Bellary Steel & Alloys Limited (BSAL) for an all cash consideration of ` 220.00 Crore. - Sesa Goa Ltd receipt SEBI Approval for the open offer of Cairn India Ltd and proceed with the open offer of up to 20% of the shares of Cairn India - Sesa Goa Limited announces that it has acquired 243,07,241 equity shares and its subsidiary Sesa Resources Limited acquired 45,00,000 equity shares of Cairn India Limited. 2012 - Sesa Goa Limited has completed the acquisition of Goa Energy Private Limited - Anil Agarwal, founder chairman of Vedanta Group has been honoured with the coveted Economic Times Business Leader of the Year 2012 Award The award was presented by the Hon. Prime Minister of India, Dr. Manmohan Singh in Mumbai. - Sesa Goa Limited announces that it has acquired the remaining 49% of the outstanding common shares of Western Cluster Limited 2013 -Sesa Goa All Share Merger of Sesa Goa And Sterlite Industries becomes Effective -Change in Name of Sesa Goa Limited to Sesa Sterlite Limited 2014 -SSL- Kitchen Waste Producing Cooking Gas and Creating Greenery in Lanjigarh ~ CSR and Competitiveness Magazine -Sesa Sterlite receives the Community Development Award at the Asian CSR Leadership Awards -Sesa Sterlite, Jharsuguda bags two National Awards at `15th National Award for Excellence in Energy Management 2014' -Sesa Sterlite Announces Development of Gamsberg-Skorpion Integrated Zinc Project 2015 -Sesa Sterlite arm gets approval for starting power plant -Sesa Sterlite restarts mining in Karnataka -Sesa Sterlite had approved Scheme of Amalgamation of Goa Energy Limited with Sesa Sterlite Limited -Sesa Sterlite Ltd has completed the merger of its subsidiary Sterlite Infra with itself -Sesa Sterlite - Sesa Sterlite Limited renamed Vedanta Limited -Vedanta unveiled its new logo as the firm tries to present a uniform brand identity -Vedanta Ltd has acquired a 4.98 per cent stake in Cairn India Ltd -Vedanta Ltd has approved the merger of Cairn India Ltd into Vedanta Ltd. 2016 -Vedanta Successful bidder of Gold Mine -Vedanta shareholders approve merger of Cairn India Limited -Vedanta wins accolades at Frost & Sullivan Awards 2016 -Vedanta Limited Introduces New Parental Leave Policy -Vedanta leads India Disclosure Index 2016 -Vedanta Limited Launches Global Internship Program -Vedanta receives `Letter of Award' for re-development of Mormugao Port -Vedanta wins accolades at the 55th ABCI awards 2017 - Vedanta wins Platinum and Gold at LACP Vision Awards 2018 -Vedanta incorporates new arm Vedanta Star. -Vedanta wins 10-yr extension for Rajasthan oil block. -Vedanta wins bid to acquire Electrosteel Steels. -Vedanta holds 90% stake in Electrosteel Steels. 2019 -Vedanta Zinc International opens its first phase of Gamsberg mine in South Africa. -Vedanta makes oil discovery in KG block in Bay of Bengal. -Vedanta inaugurates nand ghar at Jaipur, reaches over 17000 children, 15000 women. -Vedanta Spent Rs 10k-cr on capex in FY19. -Vedanta Foundation distributes laptops to 3,000 students in Rajasthan. 2020 -Vedanta Sesa Goa Iron Ore Karnataka Unit won 46 awards at the Mines Safety Association Karnataka Zone - 3 -Vedanta Aluminium wins big at the 21st CII National Award for Excellence in Energy Management. 2021 -Vedanta supports Goa with 100-bed infra, ventilators. -Vedanta promoters buy 3.7% stake at Rs 349.70 per share. 2022 -Vedanta Limited Wins Golden Peacock GLOBAL Award For Excellence In Corporate Governance - 2022 -Vedanta ranks among top 10 in S&P Global Corporate Sustainability Assessment 2022. -Vedanta collaborates with IIT Madras start-up for AI based safety technologies. -Vedanta partners with TERI to accelerate ESG goals. 2023 - Vedanta to acquire Meenakshi Energy for Rs 1,440 cr. -Vedanta Limited bags prestigious SAFA Award for Best Presented Annual Report. -Vedanta invites Japanese companies to partner in India's electronic manufacturing revolution. -Vedanta's HZL signs MoU for Anil Agarwal International Cricket Stadium. 2024 -"Vedanta - Cairn Oil & Gas submits the first Field Development Plan (FDP) in OALP to commence Gas Production from Jaya in Gujarat".

YEAR EVENTS 1954 -Baron Ludovic Toeplitz lands in Goa. With the financial backing of an enterprising Italian, Alessandro, he acquires the Orosso Dongor Mining Concession in North Goa and starts a Company called Scambi Economici S.A. Goa 1955 -The Company renamed Sesa Goa Limitada is bought over jointly by Gewerkeshaft Exploration e Bergbau represented by Eugene Plotzki and by Ferromin S.p.A. of Italy ( a subsidiary of Finsider S.p.A. of the IRI Group) represented by Paolo Tradardi, both parties having equal shareholding 1957 -Another company started in Goa, Mingoa Sociedade Minieral Goesa S.a.r.l. is incorporated with Fiat of Torino as the principal shareholder. 1963 -Finsider S.p.A. acquires the West German interest in Sesa Goa Limitada and also all the shares of Mingoa. 1965 - With the application of the Companies Act 1956, to Goa, it was incorporated under the Act on 25th June, as a Private Limited Company under the name Sesa Goa Pvt. Ltd. It was wholly owned subsidiary of Istututo per la Recostruzion Industriale, an Italian Govt. controlled company. 1978 - 14,000 Bonus shares issued in prop. 2:3. 1979 - In April, another wholly owned subsidiary of Finsider S.P.A., Italy was also engaged in the mining and export of iron ore. Mingoa Pvt. Ltd., was amalgamated with the company. As per the Scheme of Amalgamation, 38,500 No. of equity shares of Rs 500 each were allotted to Finsider S.P.A., Italy without payment in cash. 1981 - The Company was converted into a public limited company on 25th March. - During November, Finsider S.P.A., Italy offered for sale out of its holding in the Company 22,05,000 No. of equity shares of Rs 10 each at a premium of Rs 2.50 per share in the following manner: (i) 1,83,750 shares reserved for firm allotment to public financial institutions, (ii) 1,83,750 shares reserved for firm allotment to the business associates and employees of the Company and (iii) 18,37,500 shares to the public. 1984 - A beneficiation plant with a throughput capacity of 15 lakhs tonnes was being set up in two stages to improve the quality and marketability of the ore. 1986 - The first phase of the beneficiation plant and with a capacity of 7.5 lakh tonnes per year, was commissioned in January. - The Company decided to enter a new area of activity of information systems and services in collaboration with STET, the financial holding for electronics in the IRI Group. - 14,70,000 Bonus shares issued in prop. 2:5. 1987 - The ship building division suffered a setback due to labour problems with subcontractors resulting in delay in the completion of some of the vessels. - The Ship building division proposed to carry out a programme of phased investment to upgrade the shipyard's technological capability as also to increase its capacity. - The Company obtained initial registration for the manufacture of 60,000 tonnes of low phos pig iron at Navelim near Sanquelim in Goa. - The Company obtained the necessary pollution clearance for the project and a final technological evaluation of the project was undertaken to maximise operational efficiencies in future. - A biotech pilot plant was set up in the mines for the treatment of tailing waste with micro organisms which feed on the mangniferous clay. - Along with indigenous stern gear, particularly the fishing of marine propellers, a separator tank capable of efficiently recovering iron ore fines from cyclone under-flows was developed. - Approval from Govt. was received for technology agreement for manufacture of a sophisticated fishing trawler based on drawings from a Norwegian Company and Technical collaboration with Fincantieri of Italy, member of the IRI group was entered into for the technological upgradation of the shipyard. 1988 - Sesa Seat Information Systems Pvt. Ltd., was incorporated in January, as a subsidiary of the Company. Effective 29th March, 1993, the Company ceased to be a subsidiary of the company. 1989 - The Company laid the foundation stone of the project to manufacture 1,50,000 tonnes per year of low phosphorus pig iron at Amona near Sanquelim in Goa. 1990 - On 11th January, the Company issued 6,48,270-12.5% secured partly convertible debentures of Rs 110 each. Of these, 6,17,400 debentures were offered to the equity shareholders on rights basis in the ratio of 1 debenture: 5 equity shares (all were taken up) and 30,870 debentures offered to the employees of the Company (all were taken up). - The convertible portion of Rs 60 per debenture was converted into 2 equity shares of Rs 10 each, at a premium of Rs 20 per share on 1st February, 1992. - The amount of Rs 50 representing the non-convertible portion will be redeemed in 3 instalments of Rs 15, Rs 15 and Rs 20 at the expiry of the 6th, 7th and 8th year respectively from the date of allotment. - With a view to manufacturing indigenous coke, the Company in collaboration with Kembla Coal & Coke Pvt. Ltd., Australia set up Sesa Kembla Coke Co. Pvt. Ltd., Kembla Coal & Coke Pvt. Ltd., Australia is to participate to the extent of 40% in the share capital of the new venture through its subsidiary Kembla Goa holdings Ltd. 1991 - 12,96,540 No. of equity shares allotted (prem. Rs 20 per share) in conversion of debs. Another 8,64,360 No. of equity shares (prem. Rs 20 per share) allotted to Finalder international S.A. Luxembourg to maintain their equity stake in this company at the existing level. 1992 - The pig iron plant was commissioned. A new Company in the name of Sesa Industries Ltd., was set up for implementing expansion and diversification plans in the steel related areas. - The Sesa Industries Ltd., set up a second pig iron plant with a capacity of 90,000 TPA of pig iron. It was proposed to make a preferential issue of its equity shares (prem. Rs 12.50 per share) to the shareholders of Sesa Goa Ltd., in the ratio of 1:2. 1993 - Two 2500 tonnes barges and ten small steel boats were delivered by the shipbuilding division. - 73,05,900 bonus shares allotted in prop. 1:1. 32,80,220 No. of equity shares (prem. Rs 50) allotted to Finalder International Co. Ltd. to maintain their stake at 51%. 1994 - Second blast furnace was commissioned in the pig iron plant of Sesa Industries. 1995 - 17,89,200 rights shares issued (prop. 1:10 prem. Rs 90). Of these 47,613 shares were kept in abeyance. 1996 - During 7th, November, there was an amalgamation of the 100% subsidiary, Sesa Shipping Ltd. with Sesa Goa Ltd. - The Company owns 21 mining concessions. These mining concessions were granted to the Company under the Portuguese Law according to which they are to run in perpetuity so long as the terms of the concessions are complied with. - Appropriate agreement was been reached whereby shares of Australian collaborators were taken over by the company making Sesa Kembla Coke Company a 100% subsidiary. Sesa Industries Ltd. is a subsidiary of the Company. - 44,898 shares issued kept in abeyance in the rights issue. 1997 - The Company installed a plant for the recovery of pellet feed from the tailings through high intensity magnetic separating process at Codli Mines. - 2,525 shares kept in abeyance issued. - The company manufacturers 1.8 lac tonnes of pig iron through a subsidiary and producers metallurgical coke through a joint venture with Kembla Coal and Coke, an Australian company. - The company, it has become a subsidiary of Mitsui, with two Mitsui directors now on the board. - Sesa Goa Ltd. is learnt to be all set to acquire the entire equity holding of its Australian collaborator, Kembla Goa Holdings Ltd, Mauritius, in Sesa Kembla Coke Company Ltd (SKCCL), a subsidiary of Sesa Goa. - Sesa would also be supplying hot metal to the proposed Teksid plant, a subsidiary of Fiat, being set up here. 1998 - Sesa Goa became part of the Mitsui family after the latter took over Finsider International of Italy a couple of years ago. 1999 - The company has acquired Narrain Mines, Karnataka, to shield itself from any price increase or variation in the quality of iron ore. - Sesa Goa is entered into a technical collaboration with Vaagen Verft, Norway, to manufacture fishing transfers. 2000 - The Company has closed down its Engineering Unit at Sirsaim and its workshop at Sanquelim with effect from September 19. - The company has introduced Voluntary Retirement Scheme during the year to restructure the organisation. 2002 -Sesa Goa Ltd informs that the Board of Directors of the Company have accepted the withdrawal of nomination of Dr K S Subramanian as Director by ICICI Ltd and Mr K R V Subramanian has been appointed as an Additional Director of the Company w e f May 22, 2002. 2003 -The Board of Directors of Sesa Goa Ltd at its meeting held today (January 29, 2003) has appointed Mr Leonard Anthony Dean, as Managing Director of the company wef April 01, 2003 in place of C M Brown whose term expires on March 31, 2003. -Receives Iron ore supply order from Pakistan Steel Mills for next 5 years. 2004 -Sesa Group completes 50 years of operations. -Sesa Goa's Shipbuilding Division builds its 62nd vessel, a 2200T barge for its own fleet. -Sesa Industries and Sesa Kembla sign an agreement with M/s Goa Energy Private Limited, a part of Videocon Group, to set up a 30MW Power plant at Amona. -Iron ore sales crosses 8.5 million MT. -First sale of Sesa Kembla technology effected. -Compact charging system for coke plant is being commissioned. -Sesa Kembla Coke Comany Limited, a 100% subsidiary of Sesa Goa Limited, is merged with Sesa Goa Limited with effect from 1 April 2004. -Iron ore sales crossed 9.8 million tonnes. 2005 -Sesa Goa issues bonus shares to its shareholders. -Sesa Group declares a final dividend of 200% in addition to an interim dividend of 50% on the pre-bonus share capital. -Forbes Asia ranks Sesa Goa as one of Asia's 200 companies with sales than 1 billion US $ in its "Best Under A Billion" study. - Sesa Goa has given the Bonus in the Ratio of 1:1 2006 -Dun & Bradstreet ranks Sesa Goa as the 4th best in the Indian Mining Sector among India's top 500 companies. -Sesa Industries Limited is ranked 8th Best transitioning medium enterprises in a study conducted by Citigroup and IMA India. -Iron ore sales rise to 10.87 million tonnes in 2006 - 07. -Sesa Group records its highest profit in 2006 - 07 and declares a dividend of 400%. - Vedanta Resources plc, a diversified metals and mining group, listed on the London Stock Exchange acquires 51% controlling stake in Sesa Goa Limited from Mitsui & Co. Ltd. 2007 - Iron ore sales rise to 10.87 million tonnes in 2006 - 07. 2008 -Iron ore sales rise to 12.39 million tonnes in 2007 - 08. -The Company has issued Bonus Shares in the Ratio of 1:1. - The Company has splits its face value from Rs10/- to Rs1/-. 2009 -Sesa Goa Limited and Dempo Group have signed a definitive Share Purchase Agreement under which Sesa has acquired all the outstanding common shares of VS Dempo & Co. Private Limited, along with its 100% equity shares of Dempo Mining Corporation Pvt. Ltd and 50% equity shares of Goa Maritime Private Limited. 2010 - Sesa Goa to acquisition of a strategic stake in cairn india ltd. 2011 - Sesa Goa Limited announces that it has acquired the assets of Bellary Steel & Alloys Limited (BSAL) for an all cash consideration of ` 220.00 Crore. - Sesa Goa Ltd receipt SEBI Approval for the open offer of Cairn India Ltd and proceed with the open offer of up to 20% of the shares of Cairn India - Sesa Goa Limited announces that it has acquired 243,07,241 equity shares and its subsidiary Sesa Resources Limited acquired 45,00,000 equity shares of Cairn India Limited. 2012 - Sesa Goa Limited has completed the acquisition of Goa Energy Private Limited - Anil Agarwal, founder chairman of Vedanta Group has been honoured with the coveted Economic Times Business Leader of the Year 2012 Award The award was presented by the Hon. Prime Minister of India, Dr. Manmohan Singh in Mumbai. - Sesa Goa Limited announces that it has acquired the remaining 49% of the outstanding common shares of Western Cluster Limited 2013 -Sesa Goa All Share Merger of Sesa Goa And Sterlite Industries becomes Effective -Change in Name of Sesa Goa Limited to Sesa Sterlite Limited 2014 -SSL- Kitchen Waste Producing Cooking Gas and Creating Greenery in Lanjigarh ~ CSR and Competitiveness Magazine -Sesa Sterlite receives the Community Development Award at the Asian CSR Leadership Awards -Sesa Sterlite, Jharsuguda bags two National Awards at `15th National Award for Excellence in Energy Management 2014' -Sesa Sterlite Announces Development of Gamsberg-Skorpion Integrated Zinc Project 2015 -Sesa Sterlite arm gets approval for starting power plant -Sesa Sterlite restarts mining in Karnataka -Sesa Sterlite had approved Scheme of Amalgamation of Goa Energy Limited with Sesa Sterlite Limited -Sesa Sterlite Ltd has completed the merger of its subsidiary Sterlite Infra with itself -Sesa Sterlite - Sesa Sterlite Limited renamed Vedanta Limited -Vedanta unveiled its new logo as the firm tries to present a uniform brand identity -Vedanta Ltd has acquired a 4.98 per cent stake in Cairn India Ltd -Vedanta Ltd has approved the merger of Cairn India Ltd into Vedanta Ltd. 2016 -Vedanta Successful bidder of Gold Mine -Vedanta shareholders approve merger of Cairn India Limited -Vedanta wins accolades at Frost & Sullivan Awards 2016 -Vedanta Limited Introduces New Parental Leave Policy -Vedanta leads India Disclosure Index 2016 -Vedanta Limited Launches Global Internship Program -Vedanta receives `Letter of Award' for re-development of Mormugao Port -Vedanta wins accolades at the 55th ABCI awards 2017 - Vedanta wins Platinum and Gold at LACP Vision Awards 2018 -Vedanta incorporates new arm Vedanta Star. -Vedanta wins 10-yr extension for Rajasthan oil block. -Vedanta wins bid to acquire Electrosteel Steels. -Vedanta holds 90% stake in Electrosteel Steels. 2019 -Vedanta Zinc International opens its first phase of Gamsberg mine in South Africa. -Vedanta makes oil discovery in KG block in Bay of Bengal. -Vedanta inaugurates nand ghar at Jaipur, reaches over 17000 children, 15000 women. -Vedanta Spent Rs 10k-cr on capex in FY19. -Vedanta Foundation distributes laptops to 3,000 students in Rajasthan. 2020 -Vedanta Sesa Goa Iron Ore Karnataka Unit won 46 awards at the Mines Safety Association Karnataka Zone - 3 -Vedanta Aluminium wins big at the 21st CII National Award for Excellence in Energy Management. 2021 -Vedanta supports Goa with 100-bed infra, ventilators. -Vedanta promoters buy 3.7% stake at Rs 349.70 per share. 2022 -Vedanta Limited Wins Golden Peacock GLOBAL Award For Excellence In Corporate Governance - 2022 -Vedanta ranks among top 10 in S&P Global Corporate Sustainability Assessment 2022. -Vedanta collaborates with IIT Madras start-up for AI based safety technologies. -Vedanta partners with TERI to accelerate ESG goals. 2023 - Vedanta to acquire Meenakshi Energy for Rs 1,440 cr. -Vedanta Limited bags prestigious SAFA Award for Best Presented Annual Report. -Vedanta invites Japanese companies to partner in India's electronic manufacturing revolution. -Vedanta's HZL signs MoU for Anil Agarwal International Cricket Stadium. 2024 -"Vedanta - Cairn Oil & Gas submits the first Field Development Plan (FDP) in OALP to commence Gas Production from Jaya in Gujarat".

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Parent Organisation

Vedanta Ltd.

Founded

25/06/1965

Managing Director

NSE Symbol

VEDLEQ

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