Sebi orders Vedanta to pay Cairn UK ₹78 crore
Tuesday, 12 March 2024
Markets regulator Sebi on Tuesday ordered Anil Agarwal-controlled Vedanta to pay Rs 77.6 crore to Capricorn UK Holdings (earlier Cairn UK Holdings) as interest for delayed payment of dividend by the Indian company. Sebi also banned some of Vedanta's current and former top executives from the market for 1-2 months for their part in delay in payment of dividend
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