ALPHA TRIBE

Vedanta LimitedImportant, 11-02-2025: Updates

11-02-2025 | 05:57 pm

The Committee of Directors for Vedanta Limited has approved the issuance of Unsecured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) through private placement, totaling up to ₹3,000 Crore. This issuance will involve up to 3,00,000 NCDs, each with a face value of ₹1,00,000, and is set to be listed on BSE Limited. The company is currently finalizing details related to the allotment and maturity dates, as well as the payment schedule for interest and principal, which will be provided in the Disclosure Document. Given this move, investors should observe the potential implications for funding and liquidity, signaling a positive outlook for future growth initiatives.

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