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Vedanta planning to raise up to Rs 3,000 crore via NCDs

27 Jan 2020 Evaluate

Vedanta is planning to offer Rated, Secured, Redeemable, Non-Cumulative, Non-Convertible Debentures (NCDs) aggregating up to Rs 3,000 crore in one or more tranches, and in this regard is holding a meeting of its duly constituted Committee of the Directors on January 29, 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 860.50
Vedanta 226.00
Hindustan Zinc 497.00
Jain Resource Recycl 289.30
CMR Green Tech 196.00
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