‹ All Posts
Ankush

24th Jun · SEBI-Registered Analyst

$VEDL

Promoter entity Twin Star Holdings sold shares worth Rs 1,896 crore in Vedanta through open market transactions on June 23. Twin Star Holdings offloaded 6.5 crore shares, representing a 1.66 percent stake in the Mumbai-based mining and metals company, at an average price of Rs 291.36 per share. The transaction was valued at Rs 1,895.96 crore. Vedanta's market capitalisation stood at approximately Rs 1.1 lakh crore at the time. As of March 2026, promoters held a 56.38 percent stake in Vedanta, with Twin Star Holdings accounting for 40.02 percent of the company's equity. Meanwhile, Delhivery shares declined 1.52 percent to Rs 476.45 on the NSE amid heavy trading volumes. Investor Nexus Ventures III sold 43.23 lakh shares, equivalent to a 0.57 percent stake in the logistics services company, for Rs 207.97 crore. The shares were sold at Rs 481 apiece. This follows another stake sale by Nexus Ventures Partners on April 8, 2026, when it offloaded 1.04 crore shares, or a 1.39 percent stake, in Delhivery. With the latest transaction, Nexus has sold a cumulative 1.97 percent stake in the company during the current quarter, compared to its holding of 4.48 percent as of March 2026.

#StockInNews
871 likes·28 comments