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Vedanta plans to raise Rs 300 crore via NCDs

18 Nov 2016 Evaluate

Vedanta is planning to raise Rs 300 crore by way of issuing non-convertible debentures (NCDs) and in this regard is holding a meeting of its duly constituted Committee of the Board on November 22, 2016.

Last month the company had suspended mining operations at its Bicholim iron ore mine in Goa, citing “safety and security” reasons in the wake of growing labour unrest.

Vedanta is an India-based global diversified natural resources company with operations across zinc, lead, silver, oil and gas, iron ore, copper, aluminum and commercial power. The company operates through segments, including Copper, Aluminium, Iron Ore, Power and Others.

Vedanta Share Price

787.60 4.85 (0.62%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
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