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Декабрь
2024

Vedanta shares surge over 7% on encumbrance release

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Vedanta share price: Vedanta's shares surged over 7% after the company announced the release of encumbrances on its equity shares. The $1.2 billion bond issued by Vedanta Resources Finance II PLC, and guaranteed by Vedanta Resources and subsidiaries, has been fully redeemed. This lifted restrictions on promoter entities regarding asset encumbrances and disposals.



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