Sachin Chandavarkar

I'd rather scuba with a whale shark...

[Sachin Chandavarkar @sachinchan]

Luckily for HZINC, GOI was not intestered in buying international zinc assets. But he got away with this sale to VEDL.

Any idea how much we, as VEDL paid for his "failed" semiconductor business? Who decided valuation?

#VedantaFoxconn #Vedanta #vedl #hzinc #hindustanzinc

[Sachin Chandavarkar @sachinchan]

Why did AA exit the Twin Star business, selling all stock to VEDL at face value? Probably because he doesn't see any more value in it. Until Foxconn was in play, he wanted to keep the semiconductor business for himself.

[Sachin Chandavarkar @sachinchan]

Now VEDL in invested in an unrelated business away. Instead of paying dividend, he took cash via the sale. There seems to be a pattern ....selling personal assets at high valuations to listed companies.

[Sachin Chandavarkar @sachinchan]

@zerodha @Nithin0dha

Issue No #20230630472966 on the Zerodha Support Portal. Unreasonable time frame. Kindly escalate and resolve please.

[Sachin Chandavarkar @sachinchan]

@navalsethi Thank you for your kind words!

[Sachin Chandavarkar @sachinchan]

Min VEDL div over next 6 yrs, ₹250/share; add CMP ₹130; add small 10% premium, and that's ₹425/share - now that's a good delisting price / value for shareholders / promoters. See my analysis here.

https://t.co/4yyhfbVkPM

#vedanta #vedantadelisting

[Sachin Chandavarkar @sachinchan]

It'll only increase the cacophony and confusion and will lead to more accidents. 

Instead, maybe you can link the horn to FastTag, deduct ₹50 every time the horn is used.

2/2

#India #RoadSafety #soundpollution #rearseatbelt #NarendraModi #NitinGadkari

[Sachin Chandavarkar @sachinchan]

Union Minister @nitin_gadkari also suggested a solution to the rising levels of sound pollution, “We can reduce sound pollution, my idea is to replace the sound of car horns with sound from Indian instruments.”

That WILL NOT reduce sound pollution.

1/2

[Sachin Chandavarkar @sachinchan]

It'll only increase the cacophony and confusion and will lead to more accidents.

Instead, maybe you can link the horn to FastTag, deduct ₹50 every time the horn is used.

#India #RoadSafety #soundpollution #rearseatbelt #NarendraModi #NitinGadkari

[Sachin Chandavarkar @sachinchan]

#vedanta #VEDL #vedantalimted @SEBI_India @LICIndiaForever

[Sachin Chandavarkar @sachinchan]

Can't believe
@AnilAgarwal_Ved
is getting away using publicly held company funds to support personal debt & expenses. Kudos to Akshay Shah and the team at Kyma Capital for making a difference. What are steller independent directors doing?

https://t.co/Q2jWneOYTm

[Institutional Investor Advisory Services @IiASAdvisory]

Read our latest blog on Vedanta. It focuses on the debt at the HoldCo and what risks this poses for minority investors in the listed Indian entity: https://t.co/vM8DULiGM8

[Sachin Chandavarkar @sachinchan]

@Citiz3n10 @AdityaJadhav_ @VedantaLimited @ICICILombard @GodrejProp @tvsmotorcompany @BharatForgeLtd @havellsindia @MaxHealthcare @nilkamal_ltd @Wipro @asianpaints @AnilAgarwal_Ved @IiASAdvisory @AmitTandon_in Mr Deepak Parekh is on the board of London based #Vedanta Resources Limited which borrowed $1 billion from VEDL's overseas subsidiary without VEDL shareholder permission, while "legal", very immoral. @HDFC_Bank #hdfc

[Hitit @hitnye]

Exposing the true nature of these so called respected directors on Vedanta Board #vedantadelisting #vedanta
UK Sinha Deepak Parekh, Mahendra Kumar, K Venkatramanan you are letting yourself shareholders and the country down
https://t.co/HvIiyHAx3P

[Sachin Chandavarkar @sachinchan]

A must read! Shareholders must watch out! Independent dir of @VedantaLimited also on the boards of @ICICILombard @GodrejProp @tvsmotorcompany @BharatForgeLtd @havellsindia @MaxHealthcare @nilkamal_ltd @Wipro @asianpaints #vedanta

https://t.co/XaPDELI2qk

[Aditya Jadhav CFA @AdityaJadhav_]

Independent dir of @VedantaLimited board, which allowed loans 2 HoldCo without approval of minority investors. same dir are also on board of @ICICILombard @GodrejProp @tvsmotorcompany @BharatForgeLtd @havellsindia @MaxHealthcare @nilkamal_ltd @Wipro @asianpaints #vedanta

[Sachin Chandavarkar @sachinchan]

@AnilAgarwal_Ved Here's how to buy time for VRL. #vedanta div of Rs.12 NOW (calm shareholders) and Rs. 18 in Feb 2021 will see VRL through till Sep 2021 without additional "loan" already taken from CIHL.

[Sachin Chandavarkar @sachinchan]

Is this before or after they stole $1 billion from VEDL shareholders via Companies Act loophole that allows Jersey based Cairn India Holdings Ltd to "loan" funds to parent company, bypassing #vedanta shareholders.

[Sachin Chandavarkar @sachinchan]

Book Built @ Rs.320/share!!

#vedantadelisting #Vedanta

[Darshan Mehta @darshanvmehta1]

IiAS says Vedanta may accept a higher delisting price. For those who want to know why the promoters need this delisting to go thru at any cost...read below