Loan & Debt18 Sept 2026, 12:02 pm
Vedanta Approves Issuance of NCDs Worth ₹3,500 Crores
AI Summary
Vedanta Ltd's Committee of Directors has approved the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The issuance will be up to 3,50,000 NCDs, each with a face value of ₹1,00,000, aggregating up to ₹3,500 Crores. The NCDs will be listed on BSE Limited. Further details regarding tenure, coupon, and redemption are available in the Disclosure Document.
Key Highlights
- Vedanta approves issuance of NCDs worth ₹3,500 Crores.
- NCDs will be issued on a private placement basis.
- Securities are Unsecured, Rated, Listed, and Redeemable.
- NCDs will be listed on BSE Limited.
Price Impact
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