23rd Mar 2017 08:26
23 March 2017
Vedanta Resources plc
Update on Vedanta Limited - Cairn India merger
Vedanta Resources plc's subsidiary Vedanta Limited today made the below announcement.
National Company Law Tribunal approves merger of Cairn India Limited with Vedanta Limited
The National Company Law Tribunal, Mumbai Bench ("Tribunal"), has today approved the Scheme of Arrangement between Vedanta Limited and Cairn India Limited, and their respective shareholders and creditors ("Scheme"). The certified copy of the order is awaited from the Tribunal.
For further information, please contact:
Communications | Finsbury |
Roma Balwani President - Group Communications, Sustainability and CSR Tel: +91 22 6646 1000
| Daniela Fleischmann Tel: +44 20 7251 3801 |
Investors |
|
Ashwin Bajaj Director - Investor Relations
Radhika Arora Associate General Manager - Investor Relations
Sunila Martis Associate General Manager - Investor Relations
Ravindra Bhandari Manager - Investor Relations | Tel: +44 20 7659 4732 Tel: +91 22 6646 1531 |
About Vedanta Resources
Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources company. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia and Australia. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of trust, sustainability, growth, entrepreneurship, integrity, respect and care. For more information, please visit www.vedantaresources.com.
Disclaimer
This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and/or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
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