Vedanta Ltd has announced that it will raise up to ₹5,000 crore through the issue of non-convertible debentures (NCDs). As per the reports, the company’s committee of directors approved the plan in a meeting held on the same day. The fundraising will involve issuing 5 lakh unsecured, rated, listed, redeemable NCDs with a face value of ₹1 lakh each. The issuance will take place through private placement and will be listed on the BSE.
The announcement follows Vedanta’s financial results for the March quarter. The company reported a consolidated net profit of ₹3,483 crore, compared to ₹1,369 crore in the same quarter last year, an increase of 154.4%. Total income for the quarter stood at ₹41,216 crore, up from ₹36,093 crore a year earlier.
As of March 31, 2025, Vedanta’s gross debt stood at ₹73,853 crore. The company has been making adjustments to its capital structure, with the latest NCD issuance forming part of its ongoing financial planning.
Read More: Vedanta Hires RMB to Raise Funds for Zambia Copper Expansion!
Vedanta is currently working on the demerger of its business segments. The separation process is intended to reorganise its operations into independent verticals. According to the company, the demerger is on track to be completed by the end of the second quarter of the current financial year. This was confirmed by Chief Financial Officer Ajay Goel in a recent statement.
Vedanta Ltd operates across multiple sectors, including oil and gas, metals, and mining. It has business interests in India as well as international markets such as South Africa, the UAE, Korea, Taiwan, and Japan.
As of 10:14 AM on June 2, 2025, Vedanta share price was trading at ₹429.70, a 1.34% decrease, with a 5.22% decline over the past 6 months and a 4.66% drop over the past year.
The ₹5,000 crore NCD issue is part of Vedanta’s larger financial and operational plan, which includes earnings stabilisation, debt management, and structural reorganisation through the proposed demerger.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 2, 2025, 2:33 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
