Vedanta has raised Rs 2,575 crore through allotment of Non-Convertible Debentures (NCDs) on a private placement basis. The duly authorized Committee of Directors of the company has approved the allotment of 2,57,500 Indian Rupees (INR) Denominated Unsecured, Redeemable, Rated, Listed, NCDs of face value of Rs 1,00,000 each.
Earlier, the duly authorized Committee of Directors at its meeting held on February 25, 2026, had approved the issuance of Unsecured, Rated, Listed, Redeemable, NCDs on a private placement basis aggregating upto Rs 3,000 crore.
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.
