Vedanta Limited has announced a meeting of its Committee of Directors scheduled for Wednesday, February 25, 2026. The primary agenda is to consider and approve a proposal for the issuance of Non-Convertible Debentures (NCDs). This debt issuance will be conducted via a private placement and is characterized as part of the company’s routine refinancing activities already approved by the Board on January 31, 2025.
Upcoming Director Committee Meeting Announced
Vedanta Limited has formally notified the stock exchanges regarding a forthcoming meeting of its Committee of Directors. This important session is slated to take place on Wednesday, February 25, 2026.
Focus: Proposal for NCD Issuance
The core purpose of this meeting is to deliberate upon and finalize the proposal for the issuance of Non-Convertible Debentures (NCDs). The company clarified that this fundraising activity will be executed on a private placement basis. This issuance is framed as a routine part of the company’s ongoing refinancing strategy.
Authorization Basis
It is noted that the authority to proceed with this issuance originates from a resolution previously passed by the company’s Board of Directors during their meeting held on January 31, 2025. The company requests that this intimation be placed on record.
Source: BSE
