Promoter Twin Star Sells Vedanta Shares Worth Rs 1,896 Crore In Block Deal

Promoter Twin Star sells Vedanta shares worth Rs 1,896 crore in block deal

Twin Star Offloads Vedanta Shares in Block Deal Worth Rs 1,896 Crore

Twin Star Holdings, a key promoter of Vedanta, executed a block deal on Tuesday, divesting 6.51 crore shares valued at approximately Rs 1,896 crore. This significant transaction occurs as Vedanta navigates its restructuring process, which includes the recent separation of its subsidiaries and a sustained commitment to reducing debt while aiming to enhance shareholder value.