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Vedanta planning to raise Rs 2,000 crore via NCDs

06 Jan 2020 Evaluate

Vedanta has proposed to offer Rated, Secured, Redeemable, Non-Cumulative, Non-Convertible Debentures aggregating upto Rs 2,000 crore in one or more tranches, and in this regard is holding a meeting of its duly constituted Committee of the Directors on January 08, 2020.

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 972.90
Vedanta 260.40
Hindustan Zinc 570.20
Jain Resource Recycl 283.50
CMR Green Tech 216.50
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