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.