te Vedanta to raise up to Rs 500 crore via debentures | Zee Business

Vedanta to raise up to Rs 500 crore via debentures

Vedanta to raise up to Rs 500 crore via debentures
Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading oil and gas and metals company. Pic: Reuters

Vedanta Ltd on Tuesday said it is considering raising up to Rs 500 crore through debentures.

Oil-to-metals conglomerate will raise the amount in one or more tranches.

"The company proposes to offer rated, unsecured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 500 crore in one or more tranches and in this regard, is holding a meeting of its duly constituted Committee of the Directors on Friday," Vedanta said in a filing to BSE.

TRENDING NOW

Click Here For Latest Updates On Stock Market | Zee Business Live

Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading oil and gas and metals company with operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium and power across India, South Africa and Namibia.

 

Written By: PTI
Updated: Tue, Dec 06, 2022
10:05 pm
PTI
RELATED NEWS
Nokia Q4 operating profit down 27%, beats forecast on margin boost Nokia Q4 operating profit down 27%, beats forecast on margin boost
Walt Disney and Mahindra officials join USISPF Board of Directors Walt Disney and Mahindra officials join USISPF Board of Directors
Go First's lenders seek investor bids by January 31 -sources Go First's lenders seek investor bids by January 31 -sources

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x