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Vedanta Raises Rs 2,000 Crore Through Non-Convertible Debentures

News18•30-09-2026, 15:00

•Vedanta Ltd has successfully raised Rs 2,000 crore via the issuance of non-convertible debentures (NCDs) through a private placement.
•The fundraising initiative aims to diversify the company's funding mix and strengthen its balance sheet by refinancing existing debt.
•The NCDs are unsecured, redeemable, rated, and listed, with each debenture having a face value of Rs 1 lakh.
•A committee of directors approved the allotment of 2,00,000 NCDs, aggregating to Rs 20,00,00,00,000.
•As of June 30, 2026, Vedanta's net debt stood at Rs 8,299 crore.

Vedanta Ltd raised Rs 2,000 crore through the issuance of non-convertible debentures on a private placement basis.

The fundraise is designed to diversify the company's funding mix, bolster its balance sheet, and help refinance existing debt.

The allotment consisted of 2,00,000 unsecured, redeemable, rated, and listed non-convertible debentures, each with a face value of Rs 1 lakh.