ALPHA TRIBE

Vedanta LimitedImportant, 20-02-2025: Updates

20-02-2025 | 02:40 pm

The duly constituted Committee of Directors of Vedanta Limited has approved the allotment of two series of Non-Convertible Debentures, totaling INR 2,600 Crores. This includes 2,06,000 Series 1 Debentures with a face value of INR 1,00,000 each, aggregating INR 2,060 Crores, and 54,000 Series 2 Debentures, also with a face value of INR 1,00,000 each, aggregating INR 540 Crores. The allotment was executed through private placement. This move signifies a strategy to optimize capital structure and potentially fund expansion initiatives, presenting a positive outlook for investors.

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