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Vedanta raises Rs 4089 crore through NCDs

04 Jun 2022 Evaluate

Vedanta has raised Rs 4089 crore through Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) and allotted up to 40,890 nos. NCDs having face value Rs 10 lakh each. The duly authorized Committee of Directors at its meeting held on June 04, 2022, considered and approved the same.

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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