Search result for 'finsider international'

Vedanta Resources divested a 2.6% stake in its Indian mining arm, Vedanta Ltd., for Rs 4,184 crore through an open market transaction. The sale was made to reduce debt and support growth plans.

Vedanta Resources to sell a 2.6% stake in its Indian unit, Vedanta Ltd., to reduce debt and support growth plans. The deal involves a block sale of 18.5 crore shares, worth Rs 7,967.8 crore.

Vedanta Resources plans to deleverage $3 billion debt over the next three years, aiming to reduce debt and enhance earnings potential. The move follows a recent share divestment and upcoming demerger.

Finsider International, a promoter of Vedanta, has divested a 1.8% stake in the company for Rs 1,737 crore through an open market transaction, reducing its holding to 2.6%.