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Cairn India Ltd (CAIL.NS)

CAIL.NS on National Stock Exchange of India

285.35INR
25 Apr 2017
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Rs285.35
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3,378,971
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Rs313.05
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Rs129.85

Latest Key Developments (Source: Significant Developments)

Vedanta approves allotment of co's shares to shareholders of Cairn India
Friday, 28 Apr 2017 04:09am EDT 

April 28 (Reuters) - Vedanta Ltd :Says approved allotment of shares of Vedanta Limited ('vedanta') to shareholders of Cairn India Limited ('cairn').  Full Article

Cairn says board approved deal with Vedanta
Tuesday, 11 Apr 2017 10:01am EDT 

Cairn India :Says board made deal between Vedanta Ltd , Cairn and their shareholders, creditors effective as of April 11, 2017.  Full Article

Vedanta Ltd says merger with Cairn India effective as on April 11
Tuesday, 11 Apr 2017 09:21am EDT 

Vedanta Limited: Says merger of Cairn India Limited with Vedanta Limited effective as on April 11 . Says shareholders of Cairn India will receive interim dividend of INR 17.70 per share . For each share held , Cairn India shareholders will get one share in Vedanta . For each share held , Cairn India shareholders will get 4 7.5 percent redeemable preference share in Vedanta . Says no shares would be issued to co and units for shareholding in Cairn India .Co will arrange for a 3rd party facility enabling cash exit for rps holders at par within 30 days from issuance.  Full Article

Cairn India gets approvals for merger with Vedanta Ltd except RBI nod
Tuesday, 28 Mar 2017 02:35am EDT 

Cairn India Ltd :Says got approvals for scheme of arrangement with Vedanta Ltd except RBI approval for issue of shares to non resident shareholders of co.  Full Article

Vedanta Ltd gets NCLT nod for scheme of arrangement with Cairn India
Thursday, 23 Mar 2017 03:42am EDT 

Vedanta Ltd :Says NCLT, Mumbai bench has approved scheme of arrangement between Vedanta Limited and Cairn India Limited.  Full Article

Cairn India Q3 avg gross oil & gas production across assets firm at 182 kboepd
Thursday, 9 Feb 2017 05:39am EST 

Cairn India Ltd : Qtrly average gross oil and gas production across assets firm at 182 kboepd, in-line with expectation . Says in active discussions with world class oil field services companies to partner for end to end outsourcing of certain projects . Proposed merger of Vedanta Limited and Cairn India expected to complete in the first quarter of CY2017 . Says commencing exploratory drilling in February for Palar-Pennar project . Says gas sales in rajasthan temporarily suspended due to technical issue between transporter and buyers . Says production from appraisal wells expected in Q1 FY18 for Aishwariya Barmer Hill project . Satellite field Guda stage-1 is expected to start production in Q1 FY18. .Says the drilling programme in palar-pennar block is planned to be completed in April 2017.  Full Article

Cairn India Dec-qtr consol profit rises
Thursday, 9 Feb 2017 05:37am EST 

Cairn India Ltd : Consol Dec quarter net profit 6.04 billion rupees . Consol Dec quarter total income from operations 21.49 billion rupees . Consensus forecast for Dec quarter profit was 6.55 billion rupees .Consol net profit in Dec quarter last year was 409 million rupees as per Ind-AS; consol total income from operations was 20.39 billion rupees.  Full Article

Vedanta Resources shareholders approve Vedanta Ltd, Cairn India deal
Tuesday, 6 Sep 2016 07:18am EDT 

Vedanta Resources :Resolution put to shareholders in relation to proposed merger of Vedanta Ltd and Cairn India Ltd was duly passed on a poll.  Full Article

Vedanta Resources chairman says aims to close Cairn India-Vedanta Ltd merger by this financial year
Friday, 5 Aug 2016 10:55am EDT 

Vedanta Resources Plc :Cairn India - Vedanta Limited merger is a win-win for all shareholders, and we aim to complete it this financial year- Chairman.  Full Article

Vedanta board approves revised terms on deal with Cairn India
Friday, 22 Jul 2016 07:35am EDT 

Vedanta Ltd : Board has approved revised terms on deal with Cairn India Limited . Each Cairn India minority shareholder to get for each share held 1 share in co, 4 redeemable preference share in co . Each Cairn India minority shareholder to also get for each share held, implied premium of 20 percent to one month VWAP of Cairn India share price .  Full Article

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Deals of the day-Mergers and acquisitions

April 11 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

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