Amendment to end long term capital gains tax treatment of debt mutual funds put pressure on AMC stocks.
Bank of England raises interest rate by 25 basis points.
According to a BSE filing, the parties to the proposed transaction, for which a legally binding memorandum of understanding had previously been signed, had "executed a Share Purchase Agreement and finalized the transaction."
Acquisition done for Rs 18.45 crore.
Vedanta is the parent company of Hindustan Zinc.
Floor price for the offer-for-sale set at Rs 2,450 per share.
US Federal Reserve goes for a lower 25 basis point hike.
Markets expecting 25 basis point interest rate hike from Federal Reserve.