Vedanta Limited has announced the approval for the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The company plans to raise up to ₹3,500 Crore by issuing approximately 3,50,000 NCDs, each with a face value of ₹1,00,000. This move is a strategic step to strengthen its financial position and fund its ongoing operations and growth initiatives.
Vedanta Secures ₹3,500 Crore Funding Through NCD Issuance
Vedanta Limited’s Board-constituted Committee of Directors (COD) has officially approved the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs). The approval was granted during a meeting held on Friday, September 18, 2026.
Details of the Non-Convertible Debenture Issuance
The company plans to raise funds through a private placement of these NCDs. The total number of securities proposed to be issued is up to 3,50,000 NCDs, with each debenture having a face value of ₹1,00,000. This issuance is expected to aggregate up to ₹3,500 Crore. The NCDs will be listed on the BSE Limited.
Key details provided for the issuance include:
- Type of Securities: Unsecured, Rated, Listed, Redeemable NCDs
- Type of Issuance: Private Placement
- Total Securities/Amount: Up to 3,50,000 NCDs aggregating up to ₹3,500 Crore
- Size of the Issue: Up to ₹3,500 Crore
- Listing: Yes, on BSE Limited
Further information regarding the tenure, coupon/interest, schedule of payments, and any charges or security created over the assets will be detailed in the Disclosure Document. As of the announcement date, there are no delays or defaults in the payment of interest or principal amounts.
Source: BSE
