Vedanta has received approval to raise Rs 800 crore (Base issue size of Rs 500 crore and Green Shoe option of up to an additional of Rs 300 crore) through allotment of up to 8000 nos. Unsecured, Rated, Listed, Redeemable, Non? Convertible Debentures (NCDs) of face value of Rs 10,00,000 each on a private placement basis. The duly authorized Committee of Directors at its meeting held on December 09, 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.
