https://www.business-standard.com/companies/news/vedanta-s-parent-may-sell-1-billion-worth-shares-to-gqg-partners-report-124021401662_1.html

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 ET Now reported on Wednesday citing sources.

Vedanta did not immediately respond to a Reuters request for comment.

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.

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.

The Time Technoplast management commentary was extremely positive. The management is very confident about their products and their sales and profits including their margins are to grow at a rapid pace in the next 2 years as new capacity comes on stream and they get into Tyoe4 composite CNG cylinders for cars and they will slsonbe getting into Hydrogen cylinders also. The potential is huge. In the case of their Comosite LPG gas cylinders the company said that the annual replacement demand from the OMCs for the old steel gas cylinders is 10 times the combined installed capacity of both Time Technoplast and Supre Industries put together. So demand for their products is really huge, they just need to keep expanding and make ore and more profits

what is your experience with the liquidity of bonds bought directly?
I have not bought so far as I am concerned if I will be able to sell those quickly when I need.

for me – debt portfolio primary criteria is stability and liquidity, returns are important but comes next in priority.

Source: HERE

All was good until the news that CFO resigned.