<p>Bengaluru: Vedanta Resources, the parent of Indian miner Vedanta Ltd, may sell about $1 billion worth shares in the company to investment firm GQG Partners via block deals, television channel <em>ET Now</em> reported on Wednesday citing sources.</p><p>Vedanta did not immediately respond to a <em>Reuters</em> request for comment.</p><p>Saddled with $6.4 billion in outstanding debt, including a $4.5 billion payment due by fiscal 2025, Vedanta Resources has been attempting to shore up its finances, including through a recent debt restructuring.</p>.Reliance first Indian company to settle at Rs 20 lakh cr m-cap.<p>Group Chairman Anil Agarwal has made several bids to trim debt, including an unsuccessful attempt to take the company private in 2020 and plans to split Vedanta into six companies.</p><p>GQG Partners had raised its stake in billionaire Gautam Adani-owned Adani Ports and Special Economic Zone in August last year. </p>
<p>Bengaluru: Vedanta Resources, the parent of Indian miner Vedanta Ltd, may sell about $1 billion worth shares in the company to investment firm GQG Partners via block deals, television channel <em>ET Now</em> reported on Wednesday citing sources.</p><p>Vedanta did not immediately respond to a <em>Reuters</em> request for comment.</p><p>Saddled with $6.4 billion in outstanding debt, including a $4.5 billion payment due by fiscal 2025, Vedanta Resources has been attempting to shore up its finances, including through a recent debt restructuring.</p>.Reliance first Indian company to settle at Rs 20 lakh cr m-cap.<p>Group Chairman Anil Agarwal has made several bids to trim debt, including an unsuccessful attempt to take the company private in 2020 and plans to split Vedanta into six companies.</p><p>GQG Partners had raised its stake in billionaire Gautam Adani-owned Adani Ports and Special Economic Zone in August last year. </p>