Page 3 - Vedanta

How to trade Vedanta stock ahead of demerger record date? Analyst decodes

Amol Athawale of Kotak Securities believes that Vedanta is trading with a positive bias, and expects the stock to test ₹820 - ₹825 levels on the upside.

Adani backs lenders, opposes Vedanta's late bid in Jaypee insolvency case

Adani Group supports lenders in Jaypee insolvency case, opposing Vedanta's revised bid filed after deadline, citing concerns over fairness and process integrity

Vedanta gains 3%, hits new high; stock zooms 227% in 31 months; here's why

Vedanta informed the stock exchanges that May 1, 2026, has been approved as both the effective date of its demerger and the record date to determine eligible shareholders.

Stocks to Watch today, Apr 21: HCLTech, Nestle, Vedanta, TVS Motor, HPCL

Stocks to Watch today, April 21, 2026: From PNB Housing to HCLTech, here are key stocks that will remain in focus

Vedanta sets May 1 as record date for long-awaited demerger plan

Vedanta moves ahead with restructuring plan to split into four independent listed entities, with shareholders to receive one share in each business

Vedanta revised JAL bid after learning evaluation standing: Lenders

Lenders allege Vedanta altered its JAL bid after accessing sensitive scoring details, raising concerns over fairness in the insolvency resolution process

Vedanta was never formally declared as highest bidder for JAL: RP to NCLAT

Resolution professional counters Vedanta's claims in appellate tribunal, says email cited by firm did not amount to formal declaration of highest bid

Vedanta was never declared highest bidder for JAL: RP tells NCLAT

The resolution professional of debt-ridden Jaiprakash Associates Ltd (JAL) told the National Company Law Appellate Tribunal (NCLAT) that there has been no formal declaration identifying Vedanta as the highest bidder in the insolvency process, according to court submissions. Senior Advocate Abhishek Manu Singhvi, appearing for the Resolution Professional (RP) said an e-mail dated September 5 circulated to all bidders only conveyed the highest financial value discovered during the challenge process, and did not constitute an official declaration of a successful bidder. He alleged that Vedanta's claim of being the highest bidder amounted to "suppression of material facts," arguing that its petition lacked a legal and factual basis. Singhvi further told the tribunal that the case presented by the mining group was "completely without foundational facts." "It is a perfectly simple, valid e-mail pointing out what will happen in future. When you do this, then we will evaluate. It's very ...

Blast at Vedanta plant linked to excessive fuel, negligence: Initial probe

A preliminary technical investigation into the blast at the Vedanta power plant in Chhattisgarh's Sakti district has found that excessive fuel accumulation inside the boiler furnace led to a pressure build-up, triggering the explosion, police have said. The initial probe also points to "lapses in upkeep and negligent operation" at the power plant, they said. The explosion occurred on April 14 at the plant in Singhitarai village when a steel tube carrying high-pressure steam from the boiler to the turbine burst, leaving several workers with severe burn injuries. The incident claimed 20 lives and left 16 persons injured. "According to an initial report submitted by the Chief Boiler Inspector, the excessive fuel inside the furnace generated high pressure, causing a blast in the boiler. The pressure forced a lower pipe of the boiler out of its designated position, resulting in the severe accident," said a police statement on Thursday. A report by the Forensic Science Laboratory (FSL) i

Vedanta challenges Adani's JAL plan, flags flaws in CoC scoring process

Vedanta has challenged Adani Group's JAL resolution plan at NCLAT, alleging flawed and opaque CoC scoring that undermined value maximisation under insolvency rules

Nifty Metal index hits new high, rallies 15% in April; GMDC zooms 19%

The Nifty Metal index hit a new high of 12,816 in intra-day trade on Thursday and has bounced back 18% from its previous month low of 10,819.85 touched on March 23, 2026.

Death toll rises to 16 in boiler blast at Vedanta plant in Chhattisgarh

The death toll in a blast at the Vedanta power plant in Chhattisgarh's Sakti district has gone up to 14 with one more worker succumbing to injuries, police said on Wednesday. The explosion occurred on Tuesday afternoon in a steel tube carrying high-pressure steam from the boiler to the turbine at the Vedanta Ltd power plant located in Singhitarai village. The powerful blast left several workers with severe burn injuries. According to officials, four workers died on the spot, while 10 others succumbed to injuries later. One more worker died on the intervening night of Tuesday and Wednesday, taking the toll to 14, Sakti Superintendent of Police (SP) Prafull Thakur told PTI. Of the 20 other workers injured in the incident, five were shifted to Raipur for advanced treatment, while 15 were undergoing treatment at various hospitals in Raigarh district, he said. Chief Minister Vishnu Deo Sai has announced a compensation of Rs 5 lakh to the families of each deceased worker and Rs 50,000 f

13 killed, 21 injured in boiler blast at Vedanta plant in Chhattisgarh

Nine workers were killed and 15 sustained injuries after a boiler exploded at a power plant in Chhattisgarh's Sakti district on Tuesday, police said. According to preliminary information, the blast occurred in a boiler tube at the Vedanta Limited power plant in Singhitarai village in the afternoon, Sakti Superintendent of Police Prafull Thakur told PTI. "Nine workers have died, and 15 have sustained injuries," he said, adding that three victims were killed on the spot while the others succumbed to injuries at hospitals. The injured were undergoing treatment at hospitals in the neighbouring Raigarh district, he said. Local administration and police teams rushed to the spot and launched rescue operations, the official said. He said that as the area around the boiler remains extremely hot, workers and staff have been evacuated from the vicinity. Rescue operations are still underway to check if more persons are trapped, he added. Chief Minister Vishnu Deo Sai termed the incident ...

NCLAT adjourns hearing on Vedanta plea against selection of Adani's JAL bid

The National Company Law Appellate Tribunal (NCLAT) on Monday adjourned its hearing over mining giant Vedanta Group's petitions against the selection of Adani Enterprises' bid for debt-ridden Jaiprakash Associates Ltd (JAL). The insolvency appellate tribunal adjourned the hearing on account of a change in the composition of the bench, which was hearing the two appeals filed by Vedanta Ltd. The change has been made due to the unavailability of a member of the bench. NCLAT will decide the date for the next hearing shortly. Vedanta has filed two petitions, challenging the March 17 order by the Allahabad bench of NCLT, which approved Adani Enterprises Ltd's Rs 14,535-crore bid to acquire JAL through the insolvency process. On March 24, NCLAT declined any interim stay on the order passed by the NCLT approving the Adani Group's bid for acquiring JAL. However, it said the plan would be subject to the outcome of the appeals filed by the Anil Agarwal-led Vedanta Group. This interim order

Vedanta flags lower Adani bid for JAL, alleges opaque CoC process at NCLAT

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 kicks off Odisha aluminium park with 2 MoUs for downstream units

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 chief Anil Agarwal calls for scale, policy push in iron ore mining

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

25 firms join pre-bid meet for ₹7,280 crore rare earth magnet scheme

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

Supreme Court declines to halt Adani's ₹14,543 crore JAL resolution plan

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

Stocks to Watch today: Banks, Bajaj Auto, Tata Motors PV, Vedanta, Emami

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