Vedanta approves ₹2,000 crore NCD allotment
after close1 source ↓written by the desknot a recommendation
- on 30 September
- ₹2,000 crore
- face value
- ₹1,00,000
Vedanta Limited announced the allotment of 2,00,000 unsecured, redeemable NCDs worth ₹2,000 crore on 30 September 2026. Each debenture has a face value of ₹1,00,000 and will be listed on the exchanges under multiple scrip codes. This move aligns with SEBI regulations for private placements.
The issuance of these rated instruments may enhance liquidity and provide additional capital for the company's operations, potentially impacting market sentiment positively.
Not investment advice. For informational purposes only.