Metal Sector

Vedanta is the only Indian company to join the index this year by securing 6th position in Global Sustainability ranking in metal and mining sector category.

This inorganic expansion will see the establishment of manufacturing footprints in the state of Madhya Pradesh.

Successfully executes scheduled controlled implosion of two facilities today - Battery#6 Chimney and a Coal Tower

In conversation with Sheetal Agarwal of IIFL, the management shares the company's expansion plans, macro opportunities and strategic priorities.

Vedanta Ltd was also vying to acquire the insolvent steel manufacturer. As a successful resolution applicant, Jindal Saw received a letter of intent from lenders, the firm claimed in a statement to the market on Monday.

The Board of Directors of the Company fixed the record date as Friday, the 28th day of October 2022, at their meeting held on October 13, 2022, according to the filing with the exchange.

On October 11, NMDC claimed it had received the MCA's orders on Tuesday and was working to comply with the demands outlined in the ministry's order in a late-night communiqué to stock exchanges.

Following this merger, Tata Steel’s assets will grow to Rs1.25 lakh crore, as per the sources.

The issue size includes the issuing of up to 62.51 lakh fully paid-up equity shares with a face value of Rs10 through the book-building procedure.

The Bank Nifty index climbed over 425 points. All the sectors are trading in the green.