Debt Debt financing
Vedanta raises Rs.2,000-Cr via NCDs
Source Business Standard (opens in a new tab)BSE Announcement (opens in a new tab)
Mining conglomerate Vedanta has raised INR 2,000 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. The transaction involves the allotment of 200,000 unsecured, redeemable, rated, and listed debentures with a face value of INR 1 lakh each.