TheThe diversified minerals company will allot upto 2,50,000 secured, unrated, unlisted, redeemable NCDs of face value Rs 1 lakh each.
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, the miner's net profit tumbled 40.8% to Rs 3,308 crore in Q1 FY24 on 12.8% decline in revenue from operations to Rs 33,342 crore in Q1 FY24 over Q1 FY23.
Shares of Vedanta declined 0.84% to Rs 224.65 on the BSE.
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