France-based financial services company Societe Generale on March 3 sold 2.24 crore shares amounting to 0.6 percent of metal major Vedanta at an average price of Rs 391.74 for nearly Rs 880 crore
Societe Generale on March 3 offloaded 2.24 crore shares of metal major Vedanta Ltd for nearly Rs 880 crore through an open market transaction.
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var titStr=”;var editw=”; var typevar=”; var pparr= new Array(‘Monitoring your investments regularly is important.’,’Add your transaction details to monitor your stock`s performance.’,’You can also track your Transaction History and Capital Gains.’); var phead =’Why add to Portfolio?’; if(secglbVar ==1) { var stkdtxt=’this stock’; var fltxt=’ it ‘; typevar =’Stock ‘; if(lastRsrs.length>1){ stkdtxt=’these stocks’; typevar =’Stocks ‘;fltxt=’ them ‘; } } //var popretStr =lvPOPRHS(phead,pparr); //$ (‘#poprhsAdd’).html(popretStr); //$ (‘.btmbgnwr’).show(); var tickTxt =’‘; if(typparam1==1) { var modalContent = ‘Watchlist has been updated successfully.’; var modalStatus = ‘success’; //if error, use ‘error’ $ (‘.mc-modal-content’).text(modalContent); $ (‘.mc-modal-wrap’).css(‘display’,’flex’); $ (‘.mc-modal’).addClass(modalStatus); //var existsFlag=$ .inArray(‘added’,newappndStr[1]); //$ (‘#toptitleTXT’).html(tickTxt+typevar+’ to your watchlist’); //if(existsFlag == -1) //{ // if(lastRsrs.length > 1) // $ (‘#toptitleTXT’).html(tickTxt+typevar+’already exist in your watchlist’); 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Vedanta shares were trading lower by two percent in the morning session on March 4 in line with market sentiment after Societe Generale sold shares in the billionaire Anil Agarwal-owned company via open market transactions.
France-based financial services company Societe Generale on March 3 sold 2.24 crore shares amounting to 0.6 percent of metal major Vedanta at an average price of Rs 391.74 for nearly Rs 880 crore.
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Bengal Finance and Investment Pvt Ltd, Nippon India Mutual Fund and PGIM India Mutual Fund were among buyers of the shares.
Also, the Vedanta board on March 3 declared an interim dividend of Rs 13 per share. “The board through a resolution passed by circulation on March 2 approved the third interim dividend of Rs 13 per share, that is, 1300 percent on face value of Re 1 per share for the financial year 2021-22 amounting to Rs 4,832 crore,” a press release had said.
