Vedanta has delisted American Depositary Shares from the New York Stock Exchange. The delisting of American Depositary Shares (ADSs), representing equity shares of the company, from the New York Stock Exchange (NYSE) became effective at the close of trading on NYSE on November 8, 2021.
The decision to delist American depositary shares from the New York Stock Exchange (NYSE) is aimed at simplification and triggered by the low trading volumes in the security.
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.
