Vedanta (NSE:VEDL, BOM:500295) plans to raise up to 35 billion Indian rupees through the issue of 350,000 nonconvertible debentures on a private placement basis, according to an Indian bourse filing on Friday.
The unsecured, rated, listed and redeemable NCDs with a face value of 100,000 rupees each will be listed on BSE.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments