Chandigarh, June 07,2025: Mining Major Vedanta Ltd. plans to deploy funds from the ₹5000 crore raised through its unsecured non-convertible debenture (NCD) issue to pay-down a high-cost private credit facility of ₹3,400 crore, potentially reducing its annual interest burden by at least ₹350 crore, according to a person familiar with the matter. The remaining funds will likely be used […]
The post Vedanta’s NCDs issue oversubscribed, Co. to repay high-cost loan saving ₹350 Cr annually first appeared on Business News Week.