Promoter sell 1.8% stake in Vedanta via open market for over Rs 1,700 crore
Thu, Feb 15, 2024 7:22 PM

Promoter sell 1.8% stake in Vedanta via open market for over Rs 1,700 crore

A Flip by Avya Verma
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Promoter group entity Finsider International Co on Thursday sold a 1.8% stake in Vedanta Ltd through the open market for Rs 1,737 crore. The promoter entity sold 6,55,18,600 shares of the mining major at Rs 265.14 a share, bulk deals data showed. On Thursday, shares of Vedanta ended 4% down on the BSE at Rs 268. The sale happened at a discount of more than 5% to the previous close.

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