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Vedanta Ltd

VDAN.NS

Latest Trade

143.45INR

Change

1.35(+0.95%)

Volume

4,590,595

Today's Range

142.40

 - 

144.50

52 Week Range

125.30

 - 

213.30

As of on the National Stock Exchange of India ∙ Minimum 15 minute delay

Latest Developments

Vedanta Re-appoints Arun Kumar As CFO For Two More Years

Nov 14 (Reuters) - Vedanta Ltd <VDAN.NS>::RE-APPOINTED GR ARUN KUMAR AS WHOLE-TIME DIRECTOR DESIGNATED AS CHIEF FINANCIAL OFFICER FOR FURTHER 2 YRS.

India's Vedanta Sept-Qtr Consol Net Profit Rises

Nov 14 (Reuters) - Vedanta Ltd <VDAN.NS>::SEPT QUARTER CONSOL NET PROFIT 21.58 BILLION RUPEES VERSUS PROFIT OF 13.43 BILLION RUPEES LAST YEAR.SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 217.39 BILLION RUPEES VERSUS 224.32 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL PROFIT WAS 8.33 BILLION RUPEES.SEPT QUARTER NET TAX BENEFIT 16.09 BILLION RUPEES VERSUS EXPENSE OF 7.18 BILLION RUPEES LAST YEAR.

Vedanta Says Arbitration Process Related To Konkola Copper Mines Is Ongoing

Oct 28 (Reuters) - Vedanta Ltd <VDAN.NS>::UPDATE ON KCM ARBITRATION.CONFIRMS THAT ARBITRATION PROCESS RELATED TO KONKOLA COPPER MINES (KCM) IS ONGOING.CONTINUES TO PURSUE RIGHTS UNDER SHAREHOLDERS AGREEMENT, CONFIRMED WILLINGNESS TO PROVIDE FINANCIAL SUPPORT FOR KCM.

Vedanta Says South Gauteng High Court Refuses ZCCM Leave To Appeal

Aug 23 (Reuters) - Vedanta Ltd <VDAN.NS>::VEDANTA - SOUTH GAUTENG HIGH COURT REFUSES ZCCM LEAVE TO APPEAL.VEDANTA SAYS "IT WAS AND REMAINS VEDANTA’S VIEW THAT THE DISPUTE WITH ZCCM HAS TO BE RESOLVED THROUGH ARBITRATION".VEDANTA - REINFORCES INTERIM INTERDICT ON KCM WINDING UP PROCESS.

Vedanta Says Argued In Court For Urgent Interim Interdict Against ZCCM

July 17 (Reuters) - Vedanta Resources::YESTERDAY ARGUED IN COURT FOR URGENT INTERIM INTERDICT AGAINST MINORITY KCM SHAREHOLDER ZCCM, KCM PROVISIONAL LIQUIDATOR.IT IS CO'S VIEW THAT ZCCM BREACHED KCM SHAREHOLDRES' AGREEMENT BY PURSUING WIND-UP PROCEEDINGS AGAINST KCM IN ZAMBIA.AFTER HEARING ARGUMENTS, COURT RESERVED JUDGMENT ON MATTER TO JULY 23.

Vedanta Gets Shareholders' Nod To Appoint Srinivasan Venkatakrishnan As CEO From March 2019 To August 31, 2021

July 12 (Reuters) - Vedanta Ltd <VDAN.NS>::GETS SHAREHOLDERS' NOD TO APPOINT SRINIVASAN VENKATAKRISHNAN AS CEO FROM MARCH 01, 2019 TO AUGUST 31, 2021.

Vedanta Says Zambian Court Halts Konkola Copper Mines Liquidator From Assets Disposal

June 27 (Reuters) - Vedanta::VEDANTA UPDATES ON LEGAL PROCESSES.COURT GRANTED ORDER TO STAY POWERS OF KCM LIQUIDATOR TO DISPOSE OF KCM ASSETS THROUGH PUBLIC TENDER, OR TO MAKE ARRANGEMENTS WITH CREDITORS.

Vedanta Says "Disappointed" Zambian Court Rejects Co's Bid To Join Liquidation Case

June 20 (Reuters) - Vedanta Ltd <VDAN.NS>::KCM UPDATE ON LEGAL PROCESS.VEDANTA, ON KCM LEGAL PROCESS, SAYS WAS GRANTED LEAVE TO APPEAL AND NO ORDER AS TO COSTS WAS MADE."DISAPPOINTED" JUSTICE BANDA-BOBO REJECTED APPLICATION TO JOIN TO CONFIRMATION HEARING FOR APPOINTMENT OF PROVISIONAL LIQUIDATOR FOR KCM."TO CHALLENGE ANY SALE OF THE BUSINESS".VEDANTA SAYS INTENDS TO TAKE URGENT ALTERNATIVE STEPS AGAINST ZCCM’S WINDING-UP PETITION.BELIEVES APPOINTMENT OF THE PROVISIONAL LIQUIDATOR, HAS PLACED KCM UNDER "ADDITIONAL FINANCIAL PRESSURE".VEDANTA SAYS KCM IS NOT FOR SALE AND VEDANTA WILL CHALLENGE ANY ATTEMPT TO SELL THE BUSINESS WITHOUT ITS CONSENT..VEDANTA SAYS RE-EMPHASISES THAT IT REMAINS OPEN TO ENGAGEMENT WITH GOVERNMENT TO RESOLVE KCM MATTER IN A MUTUALLY SATISFACTORY MANNER.

Judge reserves ruling on Vedanta's application to be joined to KCM case until June 20

June 11 (Reuters) - Vedanta Ltd <VDAN.NS>::JUDGE PROVISIONALLY RESERVES RULING UNTIL JUNE 20 IN VEDANTA'S APPLICATION TO BE JOINED TO KCM CASE IN ZAMBIA - VEDANTA.VEDANTA SAYS ZAMBIA'S ZCCM HAS CHOSEN A ROUTE WHICH SEEKS TO EXCLUDE VEDANTA BY HAVING A PROVISIONAL LIQUIDATOR APPOINTED EX-PARTE.VEDANTA SAYS DOES NOT CONSIDER THAT THERE ARE JUST AND EQUITABLE GROUNDS TO WIND-UP KCM AND WILL DEFEND ALL ATTEMPTS TO DO SO.

Vedanta Invited Representatives Of ZCCM To Meet, Try Settling Dispute Amicably

May 31 (Reuters) - Vedanta Ltd <VDAN.NS>::VEDANTA - UPDATE ON KCM SITUATION.VEDANTA - DURING THIS TIME IN ZAMBIA, VEDANTA EXECUTIVES HAVE NOT BEEN ABLE TO ENGAGE WITH KCM MANAGEMENT AND HAVE NOT BEEN ABLE TO VISIT OPERATION.VEDANTA - RAISED WITH MINISTER "NEED TO ENSURE SAFETY AND ENVIRONMENTAL PROTOCOLS" FOLLOWED AT KCM, ESPECIALLY ON TAILINGS DAM MANAGEMENT, DEWATERING.VEDANTA - DURING MEETINGS WITH GOVERNMENT. REPRESENTATIVES OF ZAMBIA, CO REITERATED COMMITMENT TO DEVELOPMENT & SUSTAINABILITY OF KONKOLA COPPER MINES.VEDANTA - HAS INVITED REPRESENTATIVES OF ZCCM INVESTMENTS HOLDINGS TO MEET WITH REPRESENTATIVES OF VEDANTA TO ATTEMPT TO SETTLE DISPUTE AMICABLY.VEDANTA - MATTER UNDER DISPUTE INCLUDES BREACH BY ZCCM OF KCM SHAREHOLDERS’ AGREEMENT IN FILING.VEDANTA - MATTER UNDER DISPUTE INCLUDES BREACH BY ZCCM IN PERSEVERING WITH PETITION TO WIND UP KCM.VEDANTA - MATTER UNDER DISPUTE INCLUDES FAILURE BY ZCCM TO SEEK TO HAVE THE DISPUTE RESOLVED BY ARBITRATION.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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