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in Economy

Vedanta Ltd to raise up to Rs 3,400 crore via non-convertible debentures

by Editor December 19, 2023, 7:03 am 1.2k Views

Business Standard

Anil Agarwal-led Vedanta Ltd on Tuesday said that its board has approved a plan to raise up to Rs 3,400 crore via non-convertible debentures (NCDs) on a private placement basis. The funds will be raised in one or more tranches.

In a regulatory filing, the company said, “We hereby inform that the duly authorised Committee of Directors at its meeting held today i.e, Tuesday, December 19, 2023, considered and approved for raising, on a…

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