Finsider International Co. Ltd, a promoter entity of the Vedanta Group, sold its stake of 1.76% in the company for approximately $17 billion (Rs 1,737 crore) on the Indian Stock Exchange.

Anagram Partners acted as the legal advisor to Finsider International on this deal.

The transaction team was led by Palaq Vora (Partner) and consisted of Aashna Kothari (Senior Associate) and Dhriti Mitra (Associate).

S&R Associates represented the broker in this deal.

The transaction team was lead by Sudip Mahapatra (Partner) and consisted of Komal Parakh (Associate) and Hitoishi Sarkar (Associate).

Vedanta Limited is India’s largest diversified natural resources company and recently underwent a restructuring by way of a vertical demerger, creating six separate sector-focused entities.

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