Vedanta Ltd Board Approves Rs 3,000 Crore NCD Fundraise; Stock Surges 4%

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Vedanta Ltd to raise Rs 3,000 crore via NCDs; stock jumps 4%

Vedanta Ltd

M

Moneycontrol•25-02-2026, 13:00

Vedanta Ltd to raise Rs 3,000 crore via NCDs; stock jumps 4%

•Vedanta Ltd's board approved raising up to Rs 3,000 crore through non-convertible debentures (NCDs).
•The company's stock surged over 4% in trading today, reaching Rs 723.50.
•The NCDs will be unsecured, rated, listed, and redeemable, issued on a private placement basis.
•Vedanta plans to issue up to 3,00,000 NCDs, each with a face value of Rs 1,00,000.
•The proposed NCDs will be listed on BSE, with further details to be disclosed in the offer document.

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