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.