Vedanta situation20 Jul 2018 17:03
I think that this is a shabby offer for shareholders in that it looks like Anil Agarwal had waited until the share price was low to nominate a low price for Vedanta for the rest of the shares, at a time when the increasing value is just starting to come out of Vedanta’s assets, which we had all been waiting for.
Perhaps a figure at least abreast of 20% (not 14%) might be more equitable to contemplate for all concerned.