Vedanta and Cairn India have received ‘No Objection’ from Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) vide their Observation Letters dated September 10, 2015 in relation to merger of Cairn India with Vedanta. No Objection letters has been issued by the stock exchanges after receiving comments from Securities and Exchange Board of India (SEBI).
Vedanta is a diversified natural resources company, whose business primarily involves exploring and processing minerals and oil & gas. The Company produces oil & gas, zinc, lead, silver, copper, iron ore, aluminium and commercial power and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and Sri Lanka.
