The letter states, “Anyone who invested in Vedanta at the beginning of the last five years, would have seen their investments multiplied by 7.7 times more.”
Vedanta Shares, which ended at Rs 447.10 on the NSE today, paid Rs. Increased by 4.15 or about 1%.
Vedanta’s last five years return is 493% in large quantities and in the last 1-year, the stock has been given 65% return against 2% return of the Nifty.
Mining Konglomrate is looking to remove its businesses – aluminum, oil and gas, power and steel – as a separate entity. Currently, these businesses come under Vedanta Limited, which is the Indian hand of the UK -based Vedanta resources.
Post the Dimerger, each Vedanta Shareholder – both retail and institutional – will achieve a new stake in each of the new dimmed companies.
The overall shareholding structure will not change, the letter said.
“Vedanta’s unique and irreversible property, leading position in the field, strong global management and financial discipline will ensure strong growth paths and high returns to move. The tremendous potential value that Demer will bring in the letter has also been well captured by many top brokers and leading analysts,” the letter has also been captured.
In the recent votes of shareholders, secure and unsafe creditors, 99.5% of the shareholders and creditors voted in favor of our Dimerger.
Agarwal said it conceived for a $ 100 billion company in Billion, which is potentially each of the new dimmed companies.
The Vedanta president also said that the company is currently contributing to 1.4% of India’s GDP.
Vedanta, who was listed on Indian exchanges in 1998, will organize more than 63.4% of Hindustan Zinc (HZL).
HZL is a consolidated manufacturer of zinc and silver.
(Disclaimer: The recommendations, suggestions, opinions, and opinions given by experts are their own. This does not represent the views of the economic timeNo, no, inadvertent
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