Vedanta Demerger Date: 'Process is...' - CFO Ajay Goel ahead of key shareholders and creditors meeting
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🚀 Big News from Vedanta Limited! 🚀 Attention Vedanta shareholders! 📢 The company has declared a third interim dividend of Rs. 20/- per equity share for FY 2024-25. 💰 What does this mean for you? If you're a shareholder, you may be eligible to receive this dividend payment. However, to avoid tax deduction at source (TDS), you may need to submit Form 15G or 15H, depending on your income status. Keeping up with such announcements is key to making informed investment decisions. What do you think about this development? Drop your thoughts in the comments below and let’s chat! Make sure to follow me for more updates like this. #VedantaLimited #DividendNews #InvestmentUpdates #FY2024_25 #ShareholderInfo #Finance #Investing #StockMarket
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Vedanta Declares Fourth Interim Dividend of ₹8.50 per Share Amid Strong Earnings https://lnkd.in/dtgAKjn6 #Vedanta #VedantaDividend #FourthInterimDividend #DividendPayout Vedanta has declared its fourth interim dividend of ₹8.50 per share for the fiscal year 2024-25, bringing the total dividend payout to ₹43.50 per share. This follows a record 46% growth in EBITDA and strong market performance, making Vedanta an attractive option for investors seeking consistent returns.
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https://lnkd.in/gtXXdET2 My new short on YouTube related to Vedanta Demerger Details, so what are you waiting for! click below and watch my short. #vedantaemerger #details #shorts #viral #stockmarket
Vedanta's Path to Debt Relief: The 6-Way Demerger | Stock Market #stockmarket#shorts#viral
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The whole world is on one side and this brother moves in a different tune. Again 20₹ per share dividend 😁🥰🥰 Total - 35₹ total till now and still 9 month remaining in this financial year. Mutual fund type return from dividend 😂🙏 Vedanta Group's board approves third interim dividend of Rs 20 per equity share on face value of Rs 1 apiece on, totalling Rs 7,821 crore. #stockmaret #linkedin #investing #PrivateEquityInvesting #PrivateEquity #InvestmentStrategy #FinancialGrowth #CapitalManagement
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Vedanta Ltd. recently raised ₹8,500 crores through a Qualified Institutional Placement (QIP) in July 2024, issuing 19.31 crore equity shares. Typically, companies raise equity capital to fund business expansion or pay off debts. However, the company has now declared a ₹20 per share dividend, which will amount to more than ₹7,500 crores. For investors in higher tax brackets, the tax on dividend income can reach up to 35%. It is uncommon to see a company issuing new equity to raise funds and then using a significant portion of those funds to distribute dividends. This raises questions about Vedanta’s financial strategy.
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Vedanta’s 4th Dividend for FY25: A Rewarding Opportunity for Shareholders #Vedanta #DividendAnnouncement #FY25Dividends #InvestorUpdates #ShareholderRewards #MetalsAndMining #StockMarketNews #EquityInvesting #DividendStocks #FinancialGrowth
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#MorningIndia | Your daily News tracker! ☕ ✅ NSE sets world record with highest number of transactions in a single trading day ✅ Vedanta's demerger plan gets SBI approval ✅ SpiceJet plans to raise ₹2,000 crore by August #NSE #Vedanta #SBI #SpiceJet #StockMarketIndia #StockMarket #ShareMarket #ShareMarketIndia #IndianShareMarket #IndianStockMarket #FinanceNews #Finance101 #Finance #IndianFinance #MotilalOswal
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Last week REDD ASIA exclusively reported that JP Morgan was advising Vedanta Limited (VDL) on a USD300m private placement bond, with the proceeds likely going to help it meet its obligations to pay brand fees to holding company Vedanta Resources. REDD's report looked at the orphan special purpose vehicle structure VDL was considering and explained that the issuer was talking to private credit funds in Asia, eyeing pricing of 12%-13%. The team followed up with market commentary 12 April that analysed the liquidity position at VRL and VDL, and the sources of funding available to VRL to meet the nearly USD 2bn in debt obligations it has coming due until March 2025. Dive into the latest on Vedanta: access www.reddintelligence.com and request a trial to access our content for free. #Finance #VedantaLimited #InvestmentOpportunity #CorporateStrategy #RealExclusives
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Vedanta’s 4th Dividend for FY25: A Rewarding Opportunity for Shareholders #Vedanta #DividendAnnouncement #FY25Dividends #InvestorUpdates #ShareholderRewards #MetalsAndMining #StockMarketNews #EquityInvesting #DividendStocks #FinancialGrowth
Vedanta’s 4th Dividend for FY25: A Rewarding Opportunity for Shareholders #Vedanta #DividendAnnouncement #FY25Dividends #InvestorUpdates #ShareholderRewards #MetalsAndMining #StockMarketNews #EquityInvesting #DividendStocks #FinancialGrowth
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🎯 Vedanta Group Demerger Plan In a significant development, the Vedanta Group has announced the demerger of its operations into multiple entities. This move aims to create several independent companies, each focused on different sectors, including aluminium, power, energy, and metals. As a stakeholder, it's essential to understand the implications of this demerger and how it will affect the company's future. 👉Full List of 5 (Five) demerged companies are as follows: 1️⃣Vedanta Aluminium Metal Limited 2️⃣Talwandi Sabo Power Limited 3️⃣Malco Energy Limited 4️⃣Vedanta Iron and Steel Limited It is worth noting, Vedanta Limited itself will be the 5th demerged company. 👉Background The demerger plan was first disclosed on November 22, 2024, and December 20, 2024. The National Company Law Tribunal (NCLT) approved the Scheme of Arrangement between Vedanta and its newly-formed subsidiaries on November 21, 2024. 👉Key Dates and Meeting Details The demerger process will be discussed in a series of meetings scheduled for February 18, 2025. The meetings will be conducted virtually, and stakeholders can attend remotely through the provided platforms. 📺Equity Shareholders Meeting: 10:00 a.m. 📺Secured Creditors Meeting: 11:45 a.m. 📺Unsecured Creditors Meeting: 01:30 p.m. ♻️What to Expect During the meetings, stakeholders will be provided with details of the new companies that will be created and how they will be affected by the restructuring. The demerger plan aims to streamline operations and enhance shareholder value, allowing each entity to pursue its respective growth opportunities more effectively. 👉Voting Information Stakeholders can participate in the e-Voting process, which will be open from February 13, 2025, to February 17, 2025. The cut-off dates for e-Voting are February 11, 2025, for equity shareholders and September 30, 2024, for secured and unsecured creditors. 🎯 Vedanta Share Price The Vedanta share price has risen 73.31% in the last 12 months, with a current price of Rs 459 apiece. Out of 15 analysts tracking the company, nine maintain a 'buy' rating, five recommend a 'hold,' and one suggests 'sell.' 🎅Conclusion The demerger of Vedanta Group's operations into multiple entities is a significant development that aims to enhance shareholder value and streamline operations. As a stakeholder, it's essential to stay informed about the demerger process and participate in the meetings to understand the implications of this move.
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