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Vedanta to raise Rs 800 crore through NCDs

09 Dec 2022 Evaluate

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.

Vedanta Share Price

787.60 4.85 (0.62%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
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