Business

Vedanta board approves plan to raise ₹2,100 crore via NCDs

April 14, 2023 05:45 AM

The committee of directors of Vedanta Limited has approved a proposal to raise up to ₹2,100 crore by issuing non-convertible debentures (NCDs).

It will be issued on a private placement basis, the company said. Vedanta Ltd, a subsidiary of Vedanta, is a diversified global natural resources company.

The company's shares closed 0.15% higher on BSE on Thursday.

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