Vedanta to raise ₹2,500 cr via debt securities; stock hits 52-week high
Anil Agarwal-led company had raised ₹3,400 cr via non-convertible debentures in December 2023, too, taking its debt up to ₹62,493 cr as of Q3 FY24
vedanta fundraising
April 2024
September 2023
Vedanta to raise up to ₹2,500 cr via NCDs; stock hits fresh 52-week low
The committee of directors of Vedanta on Thursday approved raising up to ₹2,500 crore through the issuance of NCDs in one or more tranches.
