{"id":624811,"date":"2023-12-28T10:02:13","date_gmt":"2023-12-28T04:32:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=624811"},"modified":"2023-12-28T10:38:44","modified_gmt":"2023-12-28T05:08:44","slug":"troubled-meenakshi-energy-ltd-becomes-wholly-owned-arm-of-vedanta","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/troubled-meenakshi-energy-ltd-becomes-wholly-owned-arm-of-vedanta\/","title":{"rendered":"Troubled Meenakshi Energy Ltd becomes wholly-owned arm of Vedanta"},"content":{"rendered":"<p>Anil Agarwal-promoted Vedanta on Wednesday said Meenakshi Energy Ltd has become its wholly-owned subsidiary. <\/p>\n<p>The National Company Law Tribunal had earlier approved Vedanta&#8217;s acquisition of Meenakshi Energy for Rs 1,440 crore. <\/p>\n<p>&#8220;Meenakshi has allotted 10,00,000 fully paid-up equity shares of Rs 10 each amounting to equity capital of Rs 1 crore to the company, consequent to which, Meenakshi has become a wholly-owned subsidiary of the company with effect from December 27,&#8221; Vedanta said in a regulatory filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anil Agarwal-promoted Vedanta on Wednesday said Meenakshi Energy Ltd has become its wholly-owned subsidiary. The National Company Law Tribunal had earlier approved Vedanta&#8217;s acquisition of Meenakshi Energy for Rs 1,440 crore. &#8220;Meenakshi has allotted 10,00,000 fully paid-up equity shares of Rs 10 each amounting to equity capital of Rs 1 crore to the company, consequent to which, Meenakshi has become a wholly-owned subsidiary of the company with effect from December 27,&#8221; Vedanta said in a regulatory filing.<\/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":[135,130,232],"tags":[],"class_list":["post-624811","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/624811","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=624811"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/624811\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=624811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=624811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=624811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}