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Vedanta to raise up to Rs 4,089 cr via non-convertible debentures

Vedanta Ltd on Saturday said a committee of directors has approved raising up to Rs 4,089 crore via debentures on a private placement basis.

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Vedanta
Press Trust of India New Delhi
1 min read Last Updated : Jun 04 2022 | 6:07 PM IST

Vedanta Ltd on Saturday said a committee of directors has approved raising up to Rs 4,089 crore via debentures on a private placement basis.

"An authorised committee of directors at its meeting held today i.e. June 4, 2022, considered and approved offering for subscription... up to 40,890 nos secured, rated, listed, redeemable, non-convertible debentures (NCDs) of face value Rs 10,00,000 each aggregating up to Rs 4,089 crore," the company said in a filing to BSE.

Vedanta is a globally diversified natural resources company with interests in zinc, lead, silver, iron ore, steel, copper, aluminium, power, oil and gas.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Vedanta Non convertible debenturesfund raising

First Published: Jun 04 2022 | 6:07 PM IST

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