BSEMediumNeutral
Announced Thu, 5 Jun · 11:52 IST

Please refer enclosed file.

Fund Raising View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vedanta Limited has allotted Non-Convertible Debentures (NCDs) aggregating to ₹5,000 Crore through private placement. The issuance comprises three series: Series 1 of ₹2,400 Crore (2,40,000 debentures), Series 2 of ₹1,750 Crore (1,75,000 debentures), and Series 3 of ₹850 Crore (85,000 debentures). Each debenture has a face value of ₹1,00,000. These are unsecured, redeemable, rated, and listed NCDs. The allotment was approved by the Committee of Directors at 11:42 AM IST on June 5, 2025.

Likely market impact

The ₹5,000 Crore NCD issuance will help Vedanta raise debt capital for its funding needs. Shareholders should note this increases the company's debt obligations, though specific coupon rates and end-use of proceeds were not disclosed in this filing.