business ๐ข Vedanta Aluminium clarifies funding rumors before Friday trade
Vedanta Aluminium's shares might be in the spotlight on Friday, August 7, after the company issued a clarification regarding media reports. The metals company, operating in India, stated on Thursday, August 6, that it evaluates various financing options without having undisclosed price-sensitive information. Previously, reports suggested the company aimed to raise โน13,500 crore from major banks post-demerger. This follows the announcement of strong Q1 FY27 earnings, where revenue hit a record โน21,105 crore. The company remains committed to high corporate governance standards moving forward. ๐