ALPHA TRIBE

Vedanta LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 05:37 pm

Vedanta has announced a board meeting on its plan to raise up to ₹5,000 Cr via issuance of unsecured, rated, listed, redeemable non-convertible debentures (NCDs) through private placement. Each NCD will have a face value of ₹1,00,000 and will be listed on BSE. The funds will bolster the company’s debt profile and support capital needs. Interest rates, tenure, and redemption details will be shared in due course. The company has maintained a clean track record with no defaults on interest or principal payments.

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