Business & Investment

Vedanta: Vedanta will raise up to Rs 1,000 via NCD.

New Delhi: Vedanta Ltd On Wednesday it said it plans to go up to Rs 1,000 chlores Non-convertible bonds ((((NCD). In this regard, the company will hold a formal board of directors next week. Vedanta Ltd stated in its submission to BSE.

“The company is proposing to offer ratings, collateralized, redeemable, non-cumulative, non-convertible bonds totaling up to Rs 1,000,” Filing said.

The above issuance is based on the resolutions of the Board of Directors held on May 7, 2019 and October 3, 2019.



Vedanta Ltd is a diverse natural resources company whose business is primarily related to the production of oil and gas, zinc-lead-silver, copper, iron ore, aluminum and commercial electricity.

Vedanta: Vedanta will raise up to Rs 1,000 via NCD.

https://economictimes.indiatimes.com/markets/stocks/news/vedanta-plans-to-raise-up-to-rs-1000-cr-via-ncds/articleshow/88440807.cms Vedanta: Vedanta will raise up to Rs 1,000 via NCD.

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