Vedanta board approves fund raising

Vedanta board approves fund raising

by admin- Friday, December 9th, 2022 03:35:29 PM

Vedanta announced that Committee of Directors at its meeting held on December 09, 2022, approved providing for subscription, on a personal placement foundation, as much as 8000 nos. Unsecured, Rated, Listed, Redeemable, Non‐ Convertible Debentures (NCDs) of face value Rs. 10,00,000/‐ every aggregating up to Rs. 800 crores (Base problem length of Rs 500 crores and Green Shoe alternative of as much as an additional Rs. 300 crores).

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