» Vedanta Cairn merger seeks RBI approval News

Vedanta Cairn merger seeks RBI approval

RBI approval left for Cairn-Vedanta merger; shares gain

RBI approval left for Cairn-Vedanta merger; shares gain

Tue, Mar 28, 2017

Cairn, in a BSE filing on Tuesday said, "The company has now received all the required approvals in relation to the scheme of arrangement between Vedanta Limited and Cairn India and their respective shareholders and creditors ('Scheme'), save and except the approval of RBI for issuance of redeemable preference shares to the non-resident shareholders of Cairn India."

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