Mumbai, October 06, 2020 -
The Institutional Research Team of ICICI Securities had issued Research Report on
the Q1 results of Vedanta Ltd on October 5, 2020. In this report it was inadvertently
mentioned that - Vedanta has highlighted the SEBI approved book value (ex the revaluation
reserves) of Rs 89.3 /share. The same should be read as - Vedanta has highlighted
that the FY20 book value is Rs 89.3 /share.
SEBI, as a matter of policy, neither approves nor disapproves any Book Value or Delisting
Price.
About ICICI Securities
ICICI Securities Limited (I-Sec) is a subsidiary of ICICI Bank Ltd. The company
began its operation in May 1995 and continues to grow its operation through expanding
its client base and providing different type of services.
I-Sec operates www.icicidirect.com,a virtual
financial supermarket, meeting the three need sets of its clients - investments,
protection, and borrowing. Through its three lines of businesses -- broking, distribution
of financial products, and investment banking -- I-Sec serves customers ranging
from the retail and institutional investors to corporates to high net-worth individuals
to government.
I-Sec is listed on National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
For details, visit: www.icicisecurities.com
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