Vedanta is planning to raise Rs 1000 crore through Rated, Secured, Redeemable, Non?Cumulative, Non?Convertible Debentures (NCDs) in one or more tranches. In this regard, a meeting of duly constituted Committee of the Directors is scheduled to be held on December 27, 2021 to consider the same. The above issuance is pursuant to the Board of Directors’ resolutions passed at their meeting held on May 07, 2019 and October 03, 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.
