2 days ago
- Business
- Business Standard
Vedanta allots NCDs aggregating Rs 5000 cr
On private placement basis
Vedanta announced that the duly constituted Committee of Directors of the Company has approved the allotment of 2,40,000 Indian Rupees (INR) Denominated Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures of face value of Rs 1,00,000 each, aggregating to Rs 2,400 crore (Series 1 Debentures), 1,75,000 Indian Rupees (INR) Denominated Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures of face value of Rs 1,00,000 each, aggregating to Rs 1,750 crore (Series 2 Debentures), and 85,000 Indian Rupees (INR) Denominated Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures of face value of Rs 1,00,000 each, aggregating to Rs 850 crore (Series 3 Debentures which together with the Series 1 Debentures and Series 2 Debentures, collectively, Debentures) with total issue size aggregating to Rs 5,000 crore on a private placement basis.
