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Exchange Disseminated Time | Vedanta Ltd has informed BSE that:
"Vedanta Limited ("Company") notes media speculation regarding a potential merger of Cairn India Limited and the Company.
Company's stated strategy is to simplify and consolidate its corporate structure. Management reviews options to deliver this strategy on an on-going basis.
We are aware of the Company’s disclosure obligations under Clause 36 of the Listing Agreement. The Company will abide by its obligations to make appropriate disclosures as and when such disclosures are necessitated by decisions taken by the Company." |
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