Corporate News 16-May-24
Board of Vedanta approves fund raising up to Rs 8,500 cr
At meeting held on 16 May 2024
The Board of Vedanta at its meeting held on 16 May 2024 has approved fund raising up to Rs 8,500 crore by issue of equity shares and/or any financial instrument(s) and/or security convertible into equity shares, combination of such securities by way of one or more public and/or private offering(s) and/or further public offering and/or qualified institutions placement(s) and/or preferential allotment(s) and/or rights offering or American depository receipts / global depository receipts and/or foreign currency convertible bonds or any combination thereof.
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