Vedanta Allots ₹2,000 Crore of Non-Convertible Debentures Through Private Placement
Last Updated: 30th September 2026 - 03:06 pm
Allotment of ₹2,000 crore worth of non-convertible debentures has been made by Vedanta Limited as it makes efforts to raise money through private placement.
This decision to allocate has been taken by the Committee of Directors of the company on September 30, 2026. There are 2 lakh non-convertible debentures, and their face value is ₹1 lakh each.
These debentures are issued in Indian rupees, which are unsecured, redeemable, rated, and listed.
The latest allotment follows Vedanta’s earlier communication dated September 18 regarding the proposed issue.
Vedanta informed the BSE and National Stock Exchange about the allotment on September 30. The committee’s approval was accorded at 11:20 am IST.
The company did not provide details such as the coupon rate, maturity period or proposed use of the ₹2,000 crore proceeds in the disclosure.
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