Vedanta Limited Approves Offering for Subscription, on a Private Placement Basis, Up to 30,000 Nos. Secured, Rated, Non-Cumulative, Redeemable, Non-Convertible Debenture
December 04, 2019 at 07:23 am
Vedanta Limited informed that the duly authorized Committee of Directors at its meeting held on December 04, 2019, considered and approved offering for subscription, on a private placement basis, up to 30,000 nos. Secured, Rated, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) of face value INR 1,000,000/- each aggregating up to INR 30,000 million (including the option to retain oversubscription of upto INR 15,000 million) in two series.