Vedanta

Vedanta challenges Adani Group's JAL resolution plan in NCLAT, alleging lower bid value than liquidation and lack of transparency in creditor decision-making

Vedanta signs initial MoUs for aluminium park in Odisha, marking start of downstream activity with over Rs 500 crore investment and expected boost to jobs and MSMEs

Vedanta Chairman Anil Agarwal calls for scaling up iron ore production and policy reforms to support India's 300 mt steel capacity ambition

At least 25 companies, including JSW Group, Vedanta, Hindustan Zinc Ltd (HZL) and NLC India, participated in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnet called by the heavy industries ministry on Tuesday, sources said. The government will select a maximum of five entities through the bidding, with each entity setting up facilities of up to 1,200 MTPA, aggregating to a total of up to a maximum capacity of 6,000 MTPA. "We welcome the Ministry of Heavy Industries' forward-looking scheme to promote rare earth permanent magnet manufacturing, a crucial component for industries like EV, aerospace, defence, and consumer electronics. We are assessing the opportunity as this initiative aligns with our focus on critical minerals and presents a horizontal expansion opportunity," a Vedanta Spokesperson told PTI. On March 20, the heavy industries ministry invited bids for setting up manufacturing facilities for 6,000 metr

Vedanta alleged its higher bid was overlooked, questioned the lenders' decision to back Adani's proposal

Stocks to Watch today, April 6: Bank stocks, SAIL, Vedanta, Tata Motors PV, Sobha, Emami, and RVNL are among the top stocks to watch today

Vedanta reports record production across core segments in FY26, while Chairman Anil Agarwal calls for reforms and private sector participation in defence manufacturing

The company's total aluminium production during the quarter rose by 2 per cent, and Zinc India's mined metal production increased by 2 per cent

Vedanta and Adani group are involved in an intense battle to acquire assets of insolvent Jaiprakash Associates. Technically, Vedanta stock seems to be favourably placed on charts, says Bonanza analyst

Vedanta demerger date extended: Under the demerger plan, Vedanta will split into five entities. The company has opted to retain its base metals business within the parent company (already listed)

Analysts say that demergers allow companies to transform dedicated arms into focused entities, which in turn unlock shareholder value and streamline operations

In a petition contesting the lenders' choice to approve Adani's bid, Vedanta argued that its updated proposal offered nearly ₹3,400 crore more in overall value

GCC supply disruptions and rising global prices boost outlook for Indian aluminium producers, with integrated players likely to benefit from tighter supply

Vedanta challenges Adani Enterprises' Rs 14,543 crore JAL resolution plan in Supreme Court after NCLAT declines to stay implementation amid dispute over bidding process

At 9:40 AM, individually, among others on the National Stock Exchange (NSE), National Aluminium Company (Nalco) jumped 6.11 per cent, followed by Hindalco up 4.3 per cent, Vedanta rose 3.66 per cent

Mining baron Anil Agarwal on Sunday claimed Vedanta had received written confirmation that it had won a bid for a Jaypee Group asset, but the decision was subsequently reversed, without elaborating on the reasons. In a social media post, Agarwal said Vedanta was "declared the highest bidder publicly" to acquire Jaiprakash Associates Ltd (JAL) through the insolvency process. Attaching a source-based media report about the price opening meeting of lenders of the insolvent real estate company on September 5, Agarwal said, "It was a transparent process. We were informed in writing that we had won". "But life is never so simple. After some days, the decision was changed," he added. Billionaire Gautam Adani's group was the only other bidder for JAL, the flagship company of the Jaypee Group. The Committee of Creditors (CoC) of JAL evaluated the rival bids and subsequently went to the insolvency court NCLT for approval of the Adani bid. The NCLT's Allahabad bench approved the bid, agains

According to Chairman Anil Agarwal, the combined market capitalisation of the five companies would be much higher than the conglomerate's current $27 billion

Among these companies, Vedanta has announced the highest payout, declaring an interim dividend of ₹11 per share for eligible shareholders

NCLAT allowed Adani Enterprises' JAL resolution plan to proceed while refusing interim relief to Vedanta, with execution subject to final outcome of the appeal

Vedanta chairman Anil Agarwal calls for blending entrepreneurial dynamism with PSU strength to boost domestic production and reduce India's reliance on resource imports