Investment24 Apr 2026, 07:21 pm
GeeCee Ventures acquires 2.75 lakh shares of Vedanta for ₹19.70 Cr
AI Summary
GeeCee Ventures Ltd has invested ₹19.70 Crores in Vedanta Limited by acquiring 2,75,000 equity shares through open market purchase. This investment, made at a price of ₹716.48 per share, represents a 0.007% stake in Vedanta's paid-up capital. The company stated this is part of its investment activity and a minuscule part of its overall investment portfolio. This acquisition exceeds the disclosure threshold under SEBI (LODR) Regulations, 2015. Vedanta Limited is a major natural resources conglomerate with operations in various metals and energy sectors.
Key Highlights
- GeeCee Ventures invested ₹19.70 Cr in Vedanta Limited.
- Acquired 2,75,000 equity shares of Vedanta via open market.
- The purchase represents a 0.007% stake in Vedanta.
- Investment is part of GeeCee Ventures' portfolio activity.
- Shares are expected to be credited by April 27, 2026.