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.