Vedanta has raised funds aggregating up to Rs 1,500 crore in one or more tranches through private placement basis, up to 15,000 Secured, Rated, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each.
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.