ALSO READVedanta to consider proposal to raise Rs 300 crore by way of NCDs offer Fund raising via preferential route falls 31% to Rs 12,500 cr Board of Sadbhav Infrastructure Project approves allotment of NCDs aggregating upto Rs 200 cr Trent plans to raise upto Rs 300 cr via NCDs JK Lakshmi Cement board approves raising Rs 500 cr via NCDs
On 30 November 2016Vedanta announced that the Company proposes to offer Rated Secured Redeemable Non-Convertible Debentures aggregating upto Rs. 500 crore and in this regard is holding a meeting of its duly constituted Committee of the Board on 30 November 2016, The above issuance is pursuant to the approval of the Shareholders passed vide Special Resolution at the 50th and 51st Annual General Meeting of the Company held on 11 July 2015 and 29 June 2016, respectively and the Board of Directors' resolution passed at its meeting held on 29 July 2015.
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