Vedanta to Raise Rs 3,000 cr via NCDs
Vedanta Ltd. approves raising up to Rs 3,000 crore through issuance of non-convertible debentures (NCDs) on a private placement basis.

Photograph: Danish Siddiqui/Reuters
New Delhi, Feb 11 (PTI) Vedanta Ltd on Tuesday said its Committee of Directors has approved raising up to Rs 3,000 crore through issuance of non-convertible debentures (NCDs).
The committee approved issuance of 3 lakh unsecured, rated, listed, redeemable NCDs of face value of Rs 1 lakh each on a private placement basis, as per a regulatory filing by Vedanta.
The issue will be listed on the BSE.
The committee approved issuance of 3 lakh unsecured, rated, listed, redeemable NCDs of face value of Rs 1 lakh each on a private placement basis, as per a regulatory filing by Vedanta.
The issue will be listed on the BSE.
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