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Vedanta-Cairn merger News

28 Mar 2017

Cairn-Vedanta merger: All approval in place barring RBI

Vedanta Ltd on Tuesday said it has received all approvals for its merger with Cairn India barring the RBI nod for issuing redeemable preference shares to the non-resident shareholders of the oil producer.

06 Oct 2016

Expect Cairn-Vedanta merger by this fiscal-end: Anil Agarwal

Mining mogul Anil Agarwal on Thursday said the merger of his group's cash-rich oil subsidiary Cairn India with parent firm Vedanta is likely to be completed by the end of this fiscal.

Vedanta Resources

06 Sep 2016

Vedanta Resources shareholders approve Cairn India merger

Mining conglomerate Vedanta Resources Tuesday said its shareholders have approved the merger of group firms Vedanta Ltd and Cairn India.

25 Jul 2016

Cairn-Vedanta merger to happen by 2016-end: Anil Agarwal

Mining mogul Anil Agarwal on Monday said the merger of his group's cash-rich oil firm Cairn India with its parent, Vedanta Ltd is likely to be completed by year end to create India's largest diversified natural resources company.

Vedanta Limited

11 Jul 2015

Vedanta-Cairn merger to be good for both's shareholders: Anil Agarwal

Listing the positives of the proposed merger of Cairn India with his Vedanta Ltd, its chairman Naveen Agarwal said that the move would not only strengthen the company`s cash-flows but also allow Cairn India`s shareholders to get access to Vedanta`s well invested metals and mining assets which have low cost and long life.

15 Jun 2015

Anil Agarwal meets Arun Jaitley; discusses Vedanta-Cairn merger

Keen to get LIC support for his debt-ridden miner Vedanta Ltd absorbing cash-rich Cairn India, billionaire Anil Agarwal Monday met Finance Minister Arun Jaitley to explain the merger that hinges on minority shareholder support.

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