Page 3 - Vedanta

Nifty Metal gains 1% in weak mkt; Nalco, Hindalco, Vedanta lead rally

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

Anil Agarwal claims Jaypee asset bid reversal after written confirmation

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

Vedanta set to split into five listed companies next month: Report

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

Dividend, bonus, stock-split: Vedanta, Hudco, 5 others to remain in focus

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

NCLAT allows Adani JAL plan to proceed, denies relief to Vedanta

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

Entrepreneurial push in PSUs can boost self-reliance: Vedanta's Agarwal

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

NCLAT declines Vedanta's plea to stay Adani Group's bid to acquire JAL

The NCLAT agreed to hear the matter and sought responses from the Committee of Creditors (CoC) within a week

Nifty Metal index falls up to 5% as West Asia crisis dents market sentiment

The Nifty Metal index, which tracks 15 companies from the metals and mining sector, plunged 4.71 per cent to hit an intraday low of 10,874 on the NSE

Jaiprakash Power tanks 10% as Vedanta challenges Adani's JAL bid

The selling on the counter came after Vedanta Group has approached the National Company Law Appellate Tribunal (NCLAT), challenging the NCLT's approval to Adani Group's bid for acquiring JAL

Stocks to Watch today, Mar 23: HDFC Bank, Ola Electric, Tata Steel, Vedanta

Stocks to Watch today, Mar 23: From HDFC Bank to Ola Electric, here are few stocks that will in focus

Vedanta moves NCLAT against Adani bid to acquire Jaiprakash Associates

Business conglomerate Vedanta Group has approached the National Company Law Appellate Tribunal (NCLAT), challenging the NCLT's approval to Adani Group's bid for acquiring Jaiprakash Associates Ltd for Rs 14,535 crore. Anil Agarwal-led Vedanta Group was in the race to acquire Jaiprakash Associates Ltd (JAL) through an insolvency process, but the lenders in November last year approved the resolution plan or bid of Adani Enterprises Ltd. On March 17, the National Company Law Tribunal (NCLT), Allahabad bench, approved Adani Enterprises Ltd's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL) through the insolvency process. In a regulatory filing, JAL had informed that the NCLT, Allahabad bench, has "orally pronounced an order on March 17, 2026" approving the resolution plan submitted by Adani Enterprises Ltd. Now, mining giant Vadanta has filed an appeal against the said NCLT order before the appellate insolvency tribunal NCLAT. The matter is listed for hearing on Monday .

Vedanta chairman calls for faster reforms to unlock mining potential

Vedanta chairman Anil Agarwal highlights delays in operationalising auctioned mineral blocks, urging reforms to boost production and reduce India's import dependence

Nifty Metal gains 3%; Tata Steel, JSW, LloydsME jump up to 7%: Here's why

Excluding National Aluminium, 14 of 15 index constituents rose on Friday, with Lloyds Metals & Energy, Tata Steel, JSW Steel, Jindal Steel, and APL Apollo Tubes gaining over 3 per cent each

Dividend, bonus, stock-split: Vedanta, PFC, 10 others go ex-date next week

Here is the complete list of stocks that will remain in focus next week as they go ex-date following their corporate announcements, such as dividends, bonus issues, and stock-split

Stocks to Watch today: HDFC Bank, Ultratech, Vedanta, Nazara Tech, GR Infra

Stocks to Watch today, March 19: HDFC Bank, Ultratech, Vedanta, United Breweries, and Belrise Industries are among the top stocks to watch today

NCLT clears Adani's ₹15K cr JAL resolution plan, rejects Vedanta challenge

NCLT approves Adani Enterprises' Rs 15,000 crore resolution plan for Jaiprakash Associates, dismissing Vedanta's objections and paving the way for takeover

Vedanta plans to raise up to ₹2,575 cr via NCDs to diversify funding

Vedanta Ltd on Monday said its committee of directors has approved raising up to Rs 2,575 crore through issuance of debentures. The fundraising is part of Vedanta's efforts to diversify funding sources and strengthen its balance sheet as it continues to refinance debt and reduce borrowing costs. The committee has approved the allotment of 2,57,500 unsecured, redeemable, rated, listed, non-convertible debentures of face value of Rs 1,00,000 each, aggregating to Rs 2,575 crore on a private placement basis, a BSE filing said. Vedanta has seen strong investor interest in recent debt issuances. In October 2025, its USD 500 million bond issue was oversubscribed three times, while an NCD offering in June last year saw nearly 60 per cent oversubscription. The company has been gradually deleveraging its balance sheet. Vedanta Resources Ltd, the parent of Vedanta Ltd, has reduced net debt to about USD 4.8 billion as of December 2025 from about USDS 8.9 billion in March 2022. The sustained

Vedanta to raise ₹2,575 cr via NCDs; ICICI, Kotak among key investors

The mining major's base issue of Rs 2,000 crore was oversubscribed when it opened last week, prompting the company to exercise a Rs 575 crore greenshoe option

Nifty Metal index plunges 4%; Nalco, Hindalco, Tata Steel crack up to 7%

Nifty Metal index: At 10:45 AM on Friday; the metal index was the top sectoral indices loser down 4.3 per cent as against 1.3 per cent decline in the Nifty 50.

Nifty Metal slides 4% amid West Asia conflict; analysts flag risks

According to analysts, the broader weakness in metal stocks reflects the risk-off sentiment across global markets amid rising geopolitical tensions