In continuation to the letter VEDL/Sec/SE/18-19/53 and 54 dated June 4, 2018, Vedanta has informed that on 15 June, 2018 wholly owned subsidiary, Vedanta Star Limited (VSL) has been allotted 176,55,06,078 fully paid up equity shares of Rs 10 each in Electrosteel Steels Limited (ESL) as per the approved Resolution Plan. Pursuant the aforementioned allotment, the Company now holds 90% of the paid up share capital of ESL through VSL.
The above information is a part of company’s filings submitted to BSE.
