Vedanta shares rise as it challenges Adani Group bid
NewsBytes | April 7, 2026 3:40 PM CST
Vedanta claims better returns than Adani
Vedanta says its own ₹17,926 crore offer would give creditors better returns than Adani's.
While Vedanta was once the top bidder, most creditors (89%) backed Adani for its bigger upfront payment and faster process.
Now, with the Supreme Court urging a speedy resolution, all eyes are on NCLAT's next move.
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