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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 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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