Vedanta has raised upto Rs 2,500 crore through upto 2,50,000 nos. Secured, Unrated, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 1,00,000 each in one or more tranches. The duly authorized Committee of Directors at its meeting held on September 21, 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.