Vedanta shares rise after miner strikes bulk deal with promoter Finsider International
Vedanta's promoter, Finsider International Company Ltd, sold 6.55 crore shares, or 1.76 per cent of its stake, at Rs 265.14 per share. The deal is estimated to be Rs 1737.16 crore.
After the deal, the promoter's stake in Vedanta has been reduced to 2.64 per cent from 4.40 per cent. Photo: Reuters/Representational