InvestorQ : Is it true that shareholders of Vedanta can get a much better delisting offer from Anil Agarwal?
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Is it true that shareholders of Vedanta can get a much better delisting offer from Anil Agarwal?

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6 months ago
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The view appears to be veering towards that minority investors may feel short-changed by the price of Rs.87.50 offered by the company to delist the company. In effect, Vedanta was buying out the company with Rs.35,000 crore in its books at Rs.33,000 crore, which was actually unfair to small shareholders. Some of the advisors are demanding that Vedanta Resources PLC pay the 52-week high price of Rs.179.95 to shareholders. Structurally, this could be unfair as it comes at the bottom of the metal cycle when valuations are depressed. Major commodities like oil, copper, aluminium and zinc have been battered and all are key components of Vedanta’s product mix. It needs to be remembered that China’s production has fallen off and Indian metals players are in a sweet spot.

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