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Vedanta gets nod to raise funds up to Rs 2,100 crore

14 Apr 2023 Evaluate

Vedanta has received an approval to raise funds on a private placement basis through issuance of up to 21,000 nos. Secured, Unrated, Unlisted, Redeemable, Non?Convertible Debentures (NCDs) of face value Rs 10,00,000 each aggregating up to Rs 2,100 crore in one or more tranche(s). The duly authorized Committee of Directors at its meeting held on April 13, 2023, 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

300.75 -5.25 (-1.72%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1009.25
Vedanta 300.75
Hindustan Zinc 563.35
Jain Resource Recycl 376.95
CMR Green Tech 243.50
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