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The NSE and the BSE will end trading of equity shares as well as equity derivatives of Cairn India from April 26, as the company got merged with Vedanta. According to the deal, shareholders of Cairn India will get one equity share of Vedanta and four redeemable preference shares of face value ₹10 each for every share. Cairn’s shareholders as on record date (April 27), who will become shareholders of Vedanta, will also receive interim dividend of ₹17.70 a share.
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