Vedanta Promoter To Sell 2.5% Stake To Cut Debt [Video]

Vedanta Promoter To Sell 2.5% Stake To Cut debt

Anil Agarwal’s Vedanta Resources is likely to sell a minority stake in Vedanta this week through block deals.
The promoter group is likely to sell a stake of about 2.5%, or 90 million shares, to raise ₹4,000 crore through the transactions.
The sale is likely to happen at a discount of around 8-10%,

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