Investment25 Feb 2026, 12:47 pm
Vedanta Ltd. Approves Issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) Worth up to INR 3,000 Crores
AI Summary
Vedanta Ltd. has announced the approval of the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The total number of NCDs proposed to be issued is up to 3,00,000 nos. of face value INR 1,00,000/- each, aggregating up to INR 3,000 Crores. The meeting to consider this proposal was held on February 25, 2026, and the NCDs will be listed on BSE Limited. The tenure of the instrument, coupon/interest, principal, charge/security, special rights/interests/privileges, and redemption details will be as per the Disclosure Document.
Key Highlights
- Vedanta Ltd. to issue Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis.
- Up to 3,00,000 nos. of NCDs of face value INR 1,00,000/- each, aggregating up to INR 3,000 Crores to be issued.
- The NCDs will be listed on BSE Limited.
- The tenure, coupon/interest, principal, charge/security, special rights/interests/privileges, and redemption details will be as per the Disclosure Document.
- The decision was made at a Committee of Directors meeting held on February 25, 2026.