Vedanta Demerger: Company to Be Split into 4 on May 1; How Many Shares Will You Receive?
India, April 21 -- The shares of the large-cap stock, which specialises in the exploration, mining, processing, and manufacturing of metals, oil & gas, and energy, have been in the spotlight in today's trade following the announcement of the record date, which also serves as the effective date for its composite scheme of arrangement.
With a market capitalisation of Rs. 3,02,273.00 crores on the day's trade, the shares of Vedanta Ltd rose upto 3.1 percent, reaching a high of Rs. 794.90 per share compared to its previous closing price of Rs. 770.65 per share.
What happened
Vedanta Ltd, engaged in the exploration, mining, processing, and manufacturing of metals, oil & gas, and energy has approved a major corporate restructuring plan, sett...
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