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Anil Agarwal to take Vedanta private on Oct 1

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New Delhi: Mining mogul Anil Agarwal-led Vedanta Resources looks to delist from London Stock Exchange on October 1, after the holders of 26% of shares have agreed to sell their stake to his family trust Volcan Investments, as per a regulatory filing. “The Board of Directors of Volcan Investments Ltd (Volcan Investments) is pleased to announce that the recommended cash offer by Volcan Investments for Vedanta Resources Plc has become unconditional in all respects,” Volcan Investments said in a regulatory filing to the London Stock Exchange Monday. PTI

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