Vedanta’s demerger to be effective from May 1: Investors will get shares of 4 companies for 1; Companies will be listed by mid-May

Vedanta’s demerger to be effective from May 1: Investors will get shares of 4 companies for 1; Companies will be listed by mid-May

Vedanta Group Chairman Anil Aggarwal has announced the date of demerger of his companies. On Monday, April 20, the company told the stock exchanges (BSE-NSE) that the process of dividing Vedanta Limited into five parts will become effective from May 1. After this demerger, shareholders will get 1-1 share of the new companies for every…

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Vedanta’s demerger to be effective from May 1: Investors will get shares of 4 companies for 1; Companies will be listed by mid-May

Vedanta’s demerger to be effective from May 1: Investors will get shares of 4 companies for 1; Companies will be listed by mid-May

Vedanta Group Chairman Anil Aggarwal has announced the date of demerger of his companies. On Monday, April 20, the company told the stock exchanges (BSE-NSE) that the process of dividing Vedanta Limited into five parts will become effective from May 1. After this demerger, shareholders will get 1-1 share of the new companies for every…

Read More