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Vedanta Ltd (VDAN.NS)

VDAN.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Judge reserves ruling on Vedanta's application to be joined to KCM case until June 20
Tuesday, 11 Jun 2019 09:40am EDT 

June 11 (Reuters) - Vedanta Ltd ::JUDGE PROVISIONALLY RESERVES RULING UNTIL JUNE 20 IN VEDANTA'S APPLICATION TO BE JOINED TO KCM CASE IN ZAMBIA - VEDANTA.VEDANTA SAYS ZAMBIA'S ZCCM HAS CHOSEN A ROUTE WHICH SEEKS TO EXCLUDE VEDANTA BY HAVING A PROVISIONAL LIQUIDATOR APPOINTED EX-PARTE.VEDANTA SAYS DOES NOT CONSIDER THAT THERE ARE JUST AND EQUITABLE GROUNDS TO WIND-UP KCM AND WILL DEFEND ALL ATTEMPTS TO DO SO.  Full Article

India's Vedanta March-Qtr Consol Net Profit Down 45.5 Pct
Tuesday, 7 May 2019 06:47am EDT 

May 7 (Reuters) - Vedanta Ltd ::MARCH QUARTER CONSOL NET PROFIT 26.15 BILLION RUPEES VERSUS PROFIT OF 48.02 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER CONSOL PROFIT WAS 14.64 BILLION RUPEES.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 230.92 BILLION RUPEES VERSUS 273.11 BILLION RUPEES LAST YEAR.  Full Article

Vedanta Resources Reports FY Zinc India Underground Mined Metal Production At 936kt
Wednesday, 3 Apr 2019 11:29am EDT 

April 3 (Reuters) - Vedanta Resources Ltd::OIL & GAS AVERAGE GROSS PRODUCTION OF 189 KBOEPD FOR FY2019, UP 2% Y-O-Y .ZINC INDIA UNDERGROUND MINED METAL PRODUCTION AT 936KT FOR YEAR ENDED 31 MARCH 2019, UP 29% Y-O-Y.GOA IRON ORE OPERATIONS REMAIN SUSPENDED; CONTINUED ENGAGEMENT WITH GOVERNMENT FOR RESUMPTION OF MINING OPERATIONS.FY IRON ORE PRODUCTION OF SALEABLE ORE AT KARANTAKA AT 4.1 MILLION TONNES, UP 89% Y-O-Y.FY ALUMINIUM PRODUCTION AT 1,959KT, UP 17% Y-O-Y.RECORD ANNUAL STEEL PRODUCTION AT 1.2 MILLION TONNES FOR FY2019, UP 17% Y-O-Y.UNDER POWER, FY PAF OF 88% AT 1,980 MW TSPL PLANT IN FY2019.  Full Article

Vedanta Approves 2nd Interim Dividend Of 1.85 Rupees Per Equity Share
Wednesday, 6 Mar 2019 09:19am EST 

March 6 (Reuters) - Vedanta Ltd ::APPROVED 2ND INTERIM DIVIDEND OF 1.85 RUPEES PER EQUITY SHARE.  Full Article

India's Top Court Orders Tamil Nadu State To Give Power Supply To Vedanta's South Indian Copper Smelter Immediately - ET Now
Thursday, 24 Jan 2019 03:02am EST 

Jan 24 (Reuters) - :INDIA'S TOP COURT ORDERS TAMIL NADU STATE TO GIVE POWER SUPPLY TO VEDANTA'S SOUTH INDIAN COPPER SMELTER PLANT IMMEDIATELY - ET NOW CITING ANI.  Full Article

Vedanta Resources' HY Revenue Rises 4 Pct To $7.1 Bln
Thursday, 15 Nov 2018 03:26am EST 

Nov 15 (Reuters) - Vedanta Resources::HY REVENUE INCREASED BY 4 PCT TO US$7.1 BILLION (H1 FY2018: US$6.8 BILLION).HY OIL & GAS AVERAGE GROSS PRODUCTION OF 190 KBOEPD, UP 3 PCT Y-O-Y.HY ZINC INDIA MINED METAL PRODUCTION AT 444KT, DOWN 2 PCT Y-O-Y.HY ALUMINIUM PRODUCTION AT 976KT, UP 30 PCT Y-O-Y.  Full Article

India's Vedanta Sept-Qtr Consol Net Profit Attributable Falls 34.3 Pct
Wednesday, 31 Oct 2018 07:39am EDT 

Oct 31 (Reuters) - Vedanta Ltd ::SEPT QUARTER CONSOL NET PROFIT AFTER TAX 11.35 BILLION RUPEES VERSUS PROFIT OF 19.90 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL PROFIT WAS 12.68 BILLION RUPEES.SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 227.05 BILLION RUPEES VERSUS 215.90 BILLION RUPEES LAST YEAR.EXCEPTIONAL ITEM FOR QUARTER 3.20 BILLION RUPEES.DECLARED INTERIM DIVIDEND OF 17 RUPEES PER SHARE.SEPT QUARTER CONSOL NET PROFIT ATTRIBUTABLE TO OWNERS 13.43 BILLION RUPEES VERSUS 20.45 BILLION RUPEES LAST YEAR.  Full Article

Vedanta Resources Says Resolution On Re-Registration Of Co Into Private Ltd Co Was Passed
Monday, 1 Oct 2018 01:23pm EDT 

Oct 1 (Reuters) - Vedanta Ltd ::AT GENERAL MEETING HELD, RESOLUTION PUT TO SHAREHOLDERS IN RELATION TO RE-REGISTRATION OF CO INTO PRIVATE LTD CO DULY PASSED.  Full Article

Vedanta Awarded 41 Exploration Blocks In India
Wednesday, 29 Aug 2018 03:11am EDT 

Aug 29 (Reuters) - Vedanta Resources PLC ::VEDANTA RES PLC - PROPOSED ENTRY INTO 41 REVENUE SHARING CONTRACTS.VEDANTA RESOURCES - VEDANTA LIMITED AWARDED 41 EXPLORATION BLOCKS IN INDIA PURSUANT TO OPEN ACREAGE LICENSING POLICY AT A TOTAL BID COST OF US$551 MILLION.VEDANTA RESOURCES - DIRECTORS DO NOT EXPECT TRANSACTION WILL HAVE ANY MATERIAL IMPACT ON GROUP'S EARNINGS FOR FINANCIAL YEAR ENDING 31 MARCH 2019.VEDANTA RESOURCES PLC - TRANSACTION IS A RELATED PARTY TRANSACTION UNDER UK LISTING RULES AND IS EXPECTED TO COMPLETE IN Q3 OF 2018.  Full Article

Vedanta Says NCLAT Approves Eligibility Under Insolvency & Bankruptcy Code
Friday, 10 Aug 2018 04:49am EDT 

Aug 10 (Reuters) - Vedanta Ltd ::SAYS NATIONAL COMPANY LAW APPELLATE TRIBUNAL ('NCLAT') APPROVES ELIGIBILITY OF COMPANY UNDER INSOLVENCY AND BANKRUPTCY CODE.NCLAT RULED THAT VEDANTA LIMITED WAS ELIGIBLE TO BID FOR ELECTROSTEEL STEELS LIMITED.SAYS NCLAT DECLINED TO INTERFERE WITH APPROVAL OF RESOLUTION PLAN BY NATIONAL COMPANY LAW TRIBUNAL, KOLKATA.  Full Article

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Vedanta June-qtr profit falls nearly 12%, misses estimates

BENGALURU Indian mining conglomerate Vedanta Ltd's first-quarter profit slightly missed estimates as falling commodity prices hurt revenue and margins.