The committee accepted issuance of 5 lakh unsecured, rated, listed, redeemable NCDs of face worth of Rs 1 lakh every on a non-public placement foundation, as per a regulatory submitting by Vedanta.
“The duly authorised committee of administrators at its assembly held right this moment… has thought of and accepted the issuance of unsecured, rated, listed, redeemable, non-convertible debentures (NCDs) on a non-public placement foundation… aggregating as much as Rs 5,000 crore,” the submitting stated.
The problem shall be listed on the BSE.
Mining main Vedanta Ltd reported a 154.4 per cent improve in consolidated internet revenue to Rs 3,483 crore within the March quarter pushed by decrease manufacturing prices and better volumes.
The corporate had posted a internet revenue of Rs 1,369 crore within the year-ago interval. The revenue of the corporate through the January-March interval rose to Rs 41,216 crore from Rs 36,093 crore within the year-ago interval, Vedanta had stated in a BSE submitting. As on March 31, 2025, the corporate’s gross debt stood at Rs 73,853 crore.
Anil Agarwal-led Vedanta Ltd expects to finish the demerger of its companies by the September-end, in keeping with a high firm official.
Talking with PTI, Vedanta CFO Ajay Goel stated, “We’re on monitor to complete (the demerger) by the second quarter finish.”
Vedanta Ltd, a subsidiary of Vedanta Assets Ltd, is likely one of the world’s main pure assets, important minerals, power, and expertise firms spanning throughout India, South Africa, Namibia, Liberia, the UAE, Saudi Arabia, Korea, Taiwan, and Japan with vital operations in sectors like oil and fuel, zinc, lead, silver, copper, iron ore and metal. PTI
