‹ All Posts
Ankush

23rd Jun · SEBI-Registered Analyst

$VEDL

Vedanta Ltd shares are expected to remain in focus on Tuesday, promoter entity Twin Star Holdings plans to sell up to a 1.7 percent stake in the company through block deals worth nearly Rs 1,890 crore. The proposed transaction involves the sale of up to 6.5 crore Vedanta shares at a floor price of Rs 291 apiece, representing a discount of around 4.9 percent to the stock's Monday closing price of Rs 305.85. As of March 31, 2026, Twin Star Holdings held a 40.02 percent stake in Vedanta, making it the company's largest promoter shareholder. The overall promoter group owned 56.38 percent of the company at the end of the March quarter. Following the stake sale, Twin Star's holding is expected to decline by approximately 1.7 percentage points, while the promoter group would continue to retain majority control. Meanwhile, Vedanta's stock has largely recovered from the volatility witnessed during its demerger process, with investors reassessing the value of the parent company and its newly listed entities. Earlier this month, the combined market capitalisation of Vedanta and its four demerged companies surpassed the group's pre-demerger valuation, reflecting strong investor confidence in the restructuring exercise.

#StockInNews
481 likes·53 comments