Vedanta Resources Ltd has said it is in the process of arranging financing for the delisting of its Indian flagship firm and expects the process to conclude in the coming weeks.
After shareholders approved delisting of Vedanta Ltd, the firm's parent Vedanta Resources in a statement said it is "in the process of arranging the financing for the delisting".
"We expect this to be concluded in the coming weeks, at which stage the company will apply to the stock exchanges for approval to proceed with the delisting process," it said.
Vedanta Resources, one of the promoter group firms, last month made an indicative