Vedanta Ltd said on Wednesday that it raised ₹2,000 crore by issuing non-convertible debentures. The company said the money will help it refinance debt and improve its funding mix.
This matters because it gives Vedanta fresh financing and may support its balance sheet. The source does not say the interest rate, maturity, or who bought the debt.
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Publisher's headline: “Vedanta raises ₹2,000 crore through issuance of non-convertible debentures”
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Signal Desk