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Vedanta planning to raise up to Rs 4,100 crore via NCDs

02 Jun 2022 Evaluate

Vedanta is planning to raise up to Rs 4,100 crore via rated, secured, redeemable, non-cumulative, non-convertible debentures (NCDs) in one or more tranches. In this regard, the company is holding a meeting of its duly constituted Committee of the Directors on June 4, 2022.

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 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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