Vedanta is close to getting delisted from the domestic bourses after 137.78 crore shares were tendered at the close of the buyback offer made by the promoters.

The shares tendered are more than the 134 crore out of the public holding of 169.73 crore shares that the promoter group, headed by Anil Agrawal, needed to delist the company. The promoters hold a little over 186 crore shares.

Vedanta chairman Anil Agarwal had earlier told a news channel he may come out with a counter offer if the delisting plan struggles to overcome the 90 per cent hump that is mandatory for it to become successful. Agarwal added that the response has been good and even LIC has tendered its shares.

Some of the shareholders also reported glitches during the tendering process.

However, data available from bourses showed that 137.78 crore shares were tendered at various price levels starting from Rs 87.25 apiece.

Around 21.51 crore shares were offered at Rs 160 apiece, followed by 18.9 crore shares at Rs 145 and another 10.87 crore shares being offered at a price of Rs 153 per share. The company will now have to accept the shares and declare a buyback price.

Vedanta promoters want to buy out 169.73 crore shares, or 47.67 per cent, held by the public to delist the firm.

The reverse book building process started on October 5 and closed on Friday.

The Vedanta scrip closed at Rs 122.10 on the BSE on Friday, a gain of 3.83 per cent over Thursday’s close.