Page 3 - Vedanta

SC Judge Chandran recuses from PIL seeking probe into Viceroy-Vedanta case

Supreme Court judge Justice K Vinod Chandran on Monday recused from hearing a plea seeking directions to authorities to investigate allegations made by US short seller Viceroy Research that billionaire Anil Agarwal's mining conglomerate was "financially unsustainable" and posing severe risk to creditors. Taking note of Justice Chandran's recusal, the bench also comprising Chief Justice of India B R Gavai and Atul Chandurkar adjourned the plea filed by advocate Shakti Bhatia. Bhatia, in his plea, contended that he independently corroborated portions of the Viceroy report, particularly regarding undisclosed related-party transactions, by reviewing MCA21 filings, SEBI disclosures and Registrar of Companies records. The petition submitted that certain high-value transactions involved counterparties neither declared as related parties nor subjected to shareholder approval as mandated. Viceroy Research had released a report charging billionaire Agarwal's mining conglomerate as "financial

JAL bid: Vedanta offers ₹4,000 cr upfront payment, rest over 5-6 years

With this, the Anil Agarwal-owned mining conglomerate's bid carries a net present value of ₹12,505 crore in the auction conducted by lenders to find buyers for JAL

Vedanta outbids Adani to buy bankrupt JAL with ₹17,000 crore offer

The bid, with a net present value (NPV) of ₹12,505 crore, is the highest recovery plan placed so far for the debt-laden company, the people said

Vedanta beats Adani with ₹17,000 cr bid to acquire debt-ridden JAL

Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore. JAL, which has interests in real estate, cement, power, hotels and roads, has been dragged into insolvency proceedings after it defaulted on payment of loans. Lenders of JAL conducted a challenge process for the sale of the company under the IBC. Multiple bidders participated in the process, but in the end, firm bids were placed by only two entities, Adani and Vedanta Group. Vedanta eventually made a winning bid of Rs 17,000 crore, which translated into a NPV (net present value) of Rs 12,505 crore, beating Adani Group, sources said. The Committee of Creditors (CoC) meeting was held on September 5 to conduct the challenge process. Financial creditors have claimed a staggering Rs 57,185 crore in unpaid

India Inc bonds resilient amid record trade costs from US tariffs: Barclays

Barclays says Indian corporates will face margin compression but remain supported by strong leverage, liquidity and domestic demand as US tariffs hit $55 bn exports

Dividend, bonus issue: Vedanta, HDFC Bank, 12 others to remain in focus

Here is the complete list of stocks that will remain in the spotlight today following their announcement of corporate actions such as dividends, and bonus share issues

Looking for passive income? Here are 10 stocks with highest dividend yields

The top 10 companies with the highest dividend yields included PTC India, MSTC, Vedanta, Akzo Nobel India, Coal India, NMDC, Hindustan Zinc, La Opala RG, Ashok Leyland, and National Aluminium Company

Stocks to Watch today, Aug 22: Apollo Hospitals, Eternal, Hindalco, Vedanta

Stocks to Watch today, August 22, 2025: IDBI Bank, Karnataka Bank, Wipro, Hindalco are among the few stocks that will be on investors' radar; here's why

Vedanta approves ₹6,256 cr interim dividend; VRL to get ₹3,503 cr

Vedanta's board cleared a ₹16-a-share interim dividend totalling ₹6,256 crore, with 56 per cent set to flow to parent Vedanta Resources as it battles heavy debt

Vedanta board approves second interim dividend of ₹16 per share for FY26

Mining major Vedanta Ltd on Thursday said its board has approved the second interim dividend of Rs 16 per share for the current fiscal, amounting to an outgo of Rs 6,256 crore. The company had earlier announced a dividend of Rs 7 per share in June this year. The first dividend had led to an outflow of Rs 2,737 crore. "The board of directors of Vedanta Ltd at its meeting held today...has considered and approved the second interim dividend of Rs 16 per equity share on face value of Re 1 per equity share for financial year 2025-26 amounting to Rs 6,256 crore," the company said in a filing to BSE. The record date for the payment of dividend will be August 27, 2025, it said. Vedanta had announced a total dividend of Rs 43.50 per share in last financial year.

Is Vedanta stock a BUY or SELL at current price? Here's what chart suggests

Trading strategy in Vedanta as the company battles demerger process, and aims to reward shareholders with regular dividends. Charts hint at up to 24 per cent upside potential for the share price.

Bills on arrested ministers, online gaming tabled; Vedanta demerger row; Delhi CM attacked & more

Amid protests by the Opposition, Union Home Minister Amit Shah tabled the Constitution (130th Amendment) Bill, 2025, which seeks the removal of any Central or State minister.

NCLT defers hearing on Vedanta demerger after govt flags irregularities

The government flagged concealment and non-disclosure in Vedanta's demerger plan, prompting the NCLT to defer its hearing to September 17

Vedanta shares fall 3% as Centre objects to demerger; NCLT defers hearing

The NCLT deferred the hearing on Vedanta's proposed demerger after serious objections raised by the central government

Vedanta shares rise 2% as board set to consider second interim dividend

Vedanta shares gained over 2 per cent on Tuesday after the company said its board will meet to consider an interim dividend for FY26

Stocks to Watch, Aug 19: RIL, Tata Steel, Swiggy, Vedanta, Hindustan Zinc

Stocks to Watch, August 19, 2025: From RIL to Vedanta, here are a few stocks that will be eyed by investors and traders; check the full list

Viceroy Research calls Vedanta Zinc International assets 'scrapheap'

Viceroy says Vedanta's Skorpion mine in Namibia is "worthless" and warns of debt risks; Vedanta insists the asset is strategic and remains committed to its revival

Vedanta Q1 net profit falls 11.7% to ₹3,185 crore on weak LME prices

While revenue rose nearly 6%, lower commodity prices weighed on Vedanta's bottom line; zinc and alumina operations hit record production levels in Q1FY26

Vedanta Q1 results: Profit down 12% to ₹3,185 cr; Ebitda hits record high

Vedanta Q1 FY26 results: While quarterly profit and revenue declined, Vedanta posted its highest-ever Q1 Ebitda and margin in 13 quarters. An interim dividend of ₹7 per share was approved

Q1 results today: HUL, Swiggy, Vedanta, Adani Enterprises on July 31

Q1 FY26 company results, July 31: PB Fintech, Maruti Suzuki, Ambuja Cements, JSW Energy, Dabur, Mackenzie, Coal India, Dr. Lal PathLabs, TVS Motor and will also release their April-June quarter earnin