{"id":351979,"date":"2020-05-19T10:32:52","date_gmt":"2020-05-19T05:02:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=351979"},"modified":"2020-05-19T10:41:25","modified_gmt":"2020-05-19T05:11:25","slug":"vedanta-board-approves-delisting-proposal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vedanta-board-approves-delisting-proposal\/","title":{"rendered":"Vedanta board approves delisting proposal"},"content":{"rendered":"<p>The board of Vedanta has approved its parent company Vedanta Resources&#8217; proposal to delist the company stocks from both BSE and NSE by buying back 49 per cent shares held by public shareholders.<\/p>\n<p>The company had also appointed Upendra C Shukla, Practicing Company Secretary as the scrutiniser to conduct the process of the postal ballot seeking investors approval to take the delisting process forward.<\/p>\n<p>Last Tuesday, billionaire Anil Agarwal-owned Vedanta Resources had expressed its subsidiary by buying out 48.94 per cent shares held by retail investors with an investment of \u20b916,000 crore, depending on the final price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of Vedanta has approved its parent company Vedanta Resources&#8217; proposal to delist the company stocks from both BSE and NSE by buying back 49 per cent shares held by public shareholders. The company had also appointed Upendra C Shukla, Practicing Company Secretary as the scrutiniser to conduct the process of the postal ballot seeking investors approval to take the delisting process forward. Last Tuesday, billionaire Anil Agarwal-owned Vedanta Resources had expressed its subsidiary by buying out 48.94 per cent shares held by retail investors with an investment of \u20b916,000 crore, depending on the final price.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-351979","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=351979"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351979\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=351979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=351979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=351979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}