Vedanta plans to raise up to Rs 350 cr via NCDs
"Company proposes to offer rated, secured, redeemable, non cumulative, non-convertible debentures aggregating to Rs 350 crore," Vedanta Ltd said in a BSE filing.
In this regard, the company said that, it is holding a meeting of its duly constituted committee of the board next week.
Vedanta Ltd is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc-lead-silver, copper, iron ore, aluminium and commercial power.
The company has a presence across India, South Africa, Namibia, Australia and Ireland.
Disclaimer: No Business Standard Journalist was involved in creation of this content