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VERIFIEDMint Markets·neutral
Up 50% in 1 year, Vedanta raises ₹2,000 crore via NCDs: Check full details - what it means for shareholders, company
AI Summary
- ·Vedanta Ltd has raised ₹2,000 crore through the private placement of 2 lakh non-convertible debentures.
- ·Each non-convertible debenture is valued at ₹1 lakh.
- ·This fundraising is part of the company's debt capital-raising efforts, with a prior announcement to raise up to ₹3,500 crore via NCDs.