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Vedanta to raise up to Rs 1,000 crore through NCDs

11 Jul 2024 Evaluate

Vedanta has received approval from the duly constituted Committee of Directors of the Company to raise up to Rs 1,000 crore through allotment of 1,00,000 secured, rated, listed, redeemable, non-convertible debentures (NCDs) of face value Rs 1,00,000 each on a private placement basis. 

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.

Peers
Company Name CMP
Hindalco Industries 944.40
Vedanta 251.90
Hindustan Zinc 556.85
Jain Resource Recycl 281.90
CMR Green Tech 223.65
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