Vedanta has informed that the Company has now received all the required approvals in relation to the Scheme of Arrangement between Vedanta and Cairn India, and their respective shareholders and creditors (Scheme), save and except the approval of Reserve Bank of India for issuance of Redeemable Preference Shares to the Non-resident shareholders of Cairn India Limited. The Scheme will be made effective and record date for issue of the Company shares pursuant to the Scheme, would be set upon receipt of the said approval of Reserve Bank of India.
The above information is a part of company’s filings submitted to BSE.
