Business Standard

Friday, December 20, 2024 | 04:19 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Vedanta's panel of directors to consider raising up to Rs 4,100 cr via NCDs

Vedanta Ltd on Wednesday said a committee of its directors will meet this week to consider raising up to Rs 4,100 crore via debentures.

Vedanta

Vedanta

Press Trust of India New Delhi

Vedanta Ltd on Wednesday said a committee of its directors will meet this week to consider raising up to Rs 4,100 crore via debentures.

"The company proposes to offer rated, secured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 4,100 crore in one or more tranches and in this regard, is holding a meeting of its duly constituted Committee of the Directors on Saturday, June 4," Vedanta Ltd said in a BSE filing.

The above issuance is pursuant to the board of directors' resolutions passed at their meetings on May 7, 2019 and October 3, 2020.

Vedanta Limited 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.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 01 2022 | 8:22 PM IST

Explore News Home