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Vedanta planning to raise Rs 4,500 crore through NCDs

21 Mar 2018 Evaluate

Vedanta is planning to raise Rs 4,500 crore by issuing Rated, Secured, Redeemable, Non-Cumulative, Non-Convertible Debentures (NCDs), in one or more tranches. The company will hold a meeting of its duly constituted Committee of the Directors on March 23, 2018 for the same.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.



Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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