The valuation of the company was estimated to be up to $3 billion.
Brent crude prices had fallen 48 cents, or 0.6%, to $75.43 per barrel, while U.S. West Texas Intermediate crude futures had fallen 52 cents, or 0.7%, to $69.44.
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.
Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.
In conversation with Sheetal Agarwal of IIFL, the Founder of the company outlines his growth strategy, macro opportunities and fund-raising plans.
Bank of Baroda Financial Solutions Ltd (BFSL) is a 100% owned subsidiary of Bank of Baroda.
Brent crude futures down 50 cents, or 0.6%, at $85.33 a barrel. At $79.22 a barrel, West Texas Intermediate (WTI) oil futures are down 46 cents, or 0.6%.