Vedanta raises `2,000 cr from SBI through NCDs
Company in its filing to BSE says the issuance of NCDs will reduce cost of funds25-08-2015
Vedanta raises `2,000 cr from SBI through NCDs
Company in its filing to BSE says the issuance of NCDs will reduce cost of fundsAllotment of 9.45% Rated Secured Redeemable Non-Convertible Debentures (NCDs)
Vedanta Ltd has informed BSE that the company are proposing to issue Secured, Rated, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) worth Rs. 2000 Crores, the details are follows:The Company have allotted 20,000, 9.45% Secured, Rated, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) of Rs. 10,00,000 each (Rupees Ten Lakhs only) aggregating to Rs. 20,00,00,00,000/- (Rupees Two Thousand Crores Only) to State...All four units of Vedantas aluminium business slip into operational losses
Abhijit Pati, CEO of Vedanta Aluminium, said there are chances that the firms operating profit will slip into the red this quarterRaising import duty on aluminium products tricky
The Centre on Wednesday said the demand by primary producers to raise import duty is tricky as the move will help the bigger players Hindalco, Balco, Nalco and Vedanta but may hurt smaller f...Vedanta Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from Vedanta Ltd with respect to news appearing in Business Line on August 18, 2015 titled "Vedanta halts production at Korba plant as aluminium prices slump"Vedanta Ltd response is enclosed.Clarification sought from Vedanta Limited
The Exchange has sought clarification from Vedanta Ltd with respect to news article appearing in Business Line on August 18, 2015 titled "Vedanta halts production at Korba plant as aluminium prices slump" The reply is awaited.Vedanta to raise Rs2,000 crore to refinance debt
This issue is part of the overall approval to raise Rs8,000 crore given by its board and its shareholdersIssue of Non-Convertible Debentures (NCDs)
Vedanta Ltd has informed BSE that:"Vedanta Ltd is subject to favorable market conditions in the process of issuing Secured, Rated, Non-Cumulative, Redeemable Non-Convertible Debentures (NCDs) of Rs. 10,00,000/- (Rupees Ten Lakhs Only) each upto Rs. 2000,00,00,000/- (Rupees Two Thousand Crores Only) on Private Placement basis. The issuance of NCDs is part of the overall Debt Refinancing of the Company to substitute the short term liabilities/borrowings/debt...Filing of 2015 Annual Report on Form 20-F
Vedanta Ltd has informed BSE regarding a Press Release dated August 15, 2015, titled "Filing of 2015 Annual Report on Form 20-F".Start mining: Goa CM to mining companies
Goa Chief Minister Laxmikant Parsekar on Saturday exhorted mine owners in Goa to emulate Vedanta Resources and start mining operations to increase state revenues and create more jobs.