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Vedanta planning to raise up to Rs 500 crore via NCDs

07 Dec 2022 Evaluate

Vedanta is planning to raise up to Rs 500 crore via rated, unsecured, 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 December 09, 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 942.30
Vedanta 258.90
Hindustan Zinc 565.30
Jain Resource Recycl 292.60
CMR Green Tech 225.00
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