Vedanta Ltd to raise Rs. 2100 crores through NCDs

The duly authorized Committee of Directors of Vedanta Ltd at its meeting held today i.e., Thursday, April 13, 2023, considered and approved for raising, on a private placement basis, up to 21,000 nos. Secured, Unrated, Unlisted, Redeemable, Non‐Convertible Debentures ("NCDs") of face value ₹ 10,00,000/‐ each aggregating up to ₹ 2,100 Crores in one or more tranche(s).

Shares of Vedanta Limited was last trading in BSE at Rs. 275.70 as compared to the previous close of Rs. 275.30. The total number of shares traded during the day was 309415 in over 3771 trades.

The stock hit an intraday high of Rs. 278.80 and intraday low of 273.85. The net turnover during the day was Rs. 85374299.00.

Source : Equity Bulls

Keywords

Vedanta INE205A01025 VEDL Aluminium FundRaising NCDs