Vedanta has informed that the company proposes to offer Rated, Secured, Redeemable, Non-Cumulative, Non-Convertible Debentures aggregating upto Rs 2,000 Crores in one or more tranches, and in this regard is holding a meeting of its duly constituted Committee of the Directors on Wednesday, January 08, 2020. The above issuance is pursuant to the approval of the Shareholders passed vide Special Resolution at the 53rd Annual General Meeting of the Company held on August 24, 2018 and the Board of Directors’ resolution passed at their meeting held on May 7, 2019.
The above information is a part of company’s filings submitted to BSE.