Vedanta to sign deals for 41 oil and gas blocks on Oct 1, says report
Updated : September 21, 2018 10:33 AM IST
Since the deal was considered a ‘related-party transaction’ under the British law, the company had to approach its shareholders for an approval, the report said.
Anil Agarwal is trying to delist Vedanta Resources from the London Stock Exchange.
The company got 95.99 percent votes from the shareholders and clearance from its board for the investments in the blocks for the revenue sharing contracts with the government on September 19.