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Vedanta’s parent organization launches open offer to acquire 10% stake in company

12 Jan 2021 Evaluate

Vedanta’s parent organization -- Vedanta Resources has launched a voluntary open offer to acquire up to 10 per cent stake in Vedanta after failed delisting and buying shares in bulk deals. The parent has offered to buy up to 37.17 crore shares from public shareholders of Vedanta at Rs 160 apiece. If successful, that will cost Rs 5,948 crore.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Vedanta Share Price

262.15 -2.40 (-0.91%)
24-Jul-2026 11:33 View Price Chart
Peers
Company Name CMP
Hindalco Industries 943.00
Vedanta 262.15
Hindustan Zinc 524.55
Jain Resource Recycl 331.00
CMR Green Tech 214.85
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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