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.
