The promoter holding currently 50.14%. Under Sebi rules, promoters will have to acquire at least 39.86% stake (1.48 billion shares) from public to ensure successful delisting
The company is also eyeing a top line of USD 30-40 billion and a bottom line of USD 10 million in 4-5 years, Agarwal said at the India Economic Conclave 2019
The Anil Agarwal-led company follows an increasingly popular route to advocacy, goes directly to the people to make its case
Some of the metal is being imported in the form of scrap. Aluminium and scrap should have the same duty if its production has to be encouraged, said Vedanta group Chairman