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Vedanta raises Rs 1,500 crore via NCDs

04 Jul 2018 Evaluate

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.

Peers
Company Name CMP
Hindalco Industries 940.00
Vedanta 255.00
Hindustan Zinc 561.60
Jain Resource Recycl 290.50
CMR Green Tech 221.35
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