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The mining company will allot 21,000 secured, unrated, unlisted, redeemable NCDs of face value Rs 10 lakh aggregating up to Rs 2,100 crore.
Vedanta, a subsidiary of Vedanta Resources, is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia.
On consolidated basis, Vedanta's net profit declined 42.25% to Rs 3,092 crore in Q3 FY23 from Rs 5,354 crore posted in Q3 FY22. Revenue from operations fell marginally to Rs 33,691 crore in Q3 FY23 as against Rs 33,697 crore reported in the corresponding quarter last year.
Shares of Vedanta rose 0.18% to currently trade at Rs 275.80 on the BSE.
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