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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vedanta | LSE:VED | London | Ordinary Share | GB0033277061 | ORD USD0.10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 832.60 | 834.80 | 835.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
By Adam Clark
Vedanta Resources PLC (VED.LN) said Thursday that its Indian-listed subsidiary has discovered gas in the Krishna-Godavari Basin on the east coast of India.
Vedanta Ltd. (500295.BY) notified Indian authorities of the discovery at the A-32 exploration well in block KG-OSN-2009/3. Vedanta said gas flowed to the surface during well testing, but further appraisal will be required to assess the commercial potential of the discovery.
In July, Vedanta Resources agreed to a takeover by Volcan Investments Ltd., the family trust of Vedanta's chairman and founder Anil Agarwal, valuing the company at $3.07 billion. The takeover will lead to the delisting of its shares from the London Stock Exchange.
Write to Adam Clark at adam.clark@dowjones.com
(END) Dow Jones Newswires
September 13, 2018 12:12 ET (16:12 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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