Proxy Firm Questions If Hoax Bids Led To Vedanta’s Delisting Failure
A man waters plants outside the Indian headquarters of Vedanta Resources Plc in Mumbai, India. (Photographer: Adeel Halim/Bloomberg News)

Proxy Firm Questions If Hoax Bids Led To Vedanta’s Delisting Failure

Vedanta Ltd.’s delisting failed as 12.3 crore shares offered were deemed invalid bids by custodians. And these remained unconfirmed despite a four-hour extension. According to proxy advisory firm S...
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