Vedanta Limited on Wednesday, February 25, approved the issuance of unsecured, rated, listed, redeemable non-convertible debentures (NCDs) aggregating up to Rs 3,000 crore on a private placement basis, according to a regulatory filing .
The duly authorised Committee of Directors, at its meeting held on February 25, 2026, cleared the proposal to issue up to 3,00,000 NCDs with a face value of Rs 1,00,000 each, aggregating up to Rs 3,000 crore .
The company stated that the proposed NCDs will be unsecured, rated and listed, and are proposed to be listed on BSE Limited . The tenure, coupon or interest rate, schedule of payment, charge or security, and redemption details will be as specified in the disclosure document.
As per the filing, there has been no delay or default in payment of interest or principal as on date . The board committee meeting commenced at 11:30 a.m. IST and concluded at 12:40 p.m. IST .
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