25 Feb , 2026 By : Debdeep Gupta
Vedanta said its board-constituted Committee of Directors has approved the issuance of unsecured, rated, listed, redeemable non-convertible debentures (NCDs) on a private placement basis, aggregating up to Rs 3,000 crore. The proposed NCDs will be listed on BSE.
Shares of Vedanta Ltd rose over 4 percent in trade on Tuesday as the company approved a fresh fund-raising plan through debt issuance. The stock was trading at Rs 723.50, up 4.1 percent on the day; it has gained about 76.8 percent over the past one year.
Vedanta Ltd said its board-constituted Committee of Directors has approved the issuance of unsecured, rated, listed, redeemable non-convertible debentures (NCDs) on a private placement basis, aggregating up to Rs 3,000 crore. The company plans to issue up to 3,00,000 NCDs with a face value of Rs 1,00,000 each, according to an exchange filing.
The proposed NCDs will be listed on BSE. Details related to the tenure, coupon, schedule of interest payments and security, if any, will be disclosed in the offer document, Vedanta said in the filing. The company also noted that there has been no delay or default in payment of interest or principal on its debt obligations as on date.
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