Economy · India
Vedanta Approves Rs 3,500 Crore Non-Convertible Debenture Issue
Vedanta Limited's board of directors has approved the issuance of Non-Convertible Debentures (NCDs) worth up to Rs 3,500 crore. The company announced this decision, which aims to raise capital. Following the announcement, Vedanta's share price saw an increase. The NCDs are a form of debt instrument that cannot be converted into shares.
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- Centre (2): Business Today, The Financial Express