Vedanta allots equity shares and preference shares to shareholders of erstwhile Cairn India
Under scheme of arrangement
Vedanta announced that the Allotment Committee of Board of Directors of the company at its meeting held on 28 April 2017 has allotted 725,500,000 equity shares of Re 1 each and 3,010,000,000 Non Convertible Non Cumulative Redeemable Preference Shares of Rs 10 each to shareholders of erstwhile Cairn India under scheme of arrangement.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Apr 28 2017 | 1:59 PM IST