trending Market Intelligence /marketintelligence/en/news-insights/trending/d7qVkTVqMsYHdgXeg14-Gg2 content esgSubNav
In This List

Vedanta to raise 5B rupees via debt issue

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


Vedanta to raise 5B rupees via debt issue

Vedanta Ltd. on Dec. 14 announced plans to raise 5 billion Indian rupees via the issuance of secured, nonconvertible debentures.

The Vedanta Resources Plc unit obtained shareholder approval for the bond issue at a mid-July meeting. A board meeting is scheduled for Dec. 19.

As of Dec. 14, US$1 was equivalent to 64.23 Indian rupees.