New Delhi: Vedanta Ltd promoter Vedanta Resources said it wants to voluntary delist the company to simplify corporate structure. "Delisting of Vedanta will provide company with enhanced operational and financial flexibility in capital intensive business," said Vedanta Resources.
However, Hindustan Zinc Limited will continue to be listed in India, said the Anil Agarwal-controlled Vedanta Resources Vedanta Resources said it is willing to accept equity shares tendered in offer at price of ₹87.5 per equity share. "Due to the impact of coronavirus, we have accelerated our strategy to ensure support for meaningful deleveraging," said the promoter.