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Funding and debt● Neutral for Vedanta
Up 50% in 1 year, Vedanta raises ₹2,000 crore via NCDs: Check full details - what it means for shareholders, company
The brief
- Vedanta raised ₹2,000 crore through a private placement of 2 lakh non-convertible debentures
- Each debenture was valued at ₹1 lakh
- The debt raise matters to Vedanta shareholders tracking the company’s financing and debt levels
- India needs to utilise resources beneath earth to become self-sufficient: Anil Agarwal
- Vedanta’s Anil Agarwal backs mineral exploration, says India must shed ‘country of import’ tag
- Vedanta seeks Niyamgiri mining revival, pitches ₹1 lakh crore Odisha investment
- Vedanta urges Odisha govt to accelerate ₹1 trillion investment proposals
- Vedanta group announces ₹1 lakh crore investment drive in Odisha; targets 50,000 jobs