Vedanta raises ₹3,000 crore via NCDs to strengthen finances and lower borrowing costs.

Vedanta Ltd plans to raise up to ₹3,000 crore by issuing 300,000 unsecured, rated, listed, and redeemable non-convertible debentures (NCDs) through a private placement, each with a face value of ₹1,00,000. The move aims to strengthen its capital structure and reduce borrowing costs, following strong demand for previous debt offerings, including a USD 500 million bond issue and a prior NCD placement. The new NCDs will be listed on stock exchanges, offering investors a fixed-income option.