Vedanta plans to raise up to Rs 8,500 cr via issuance of securities

New Delhi, May 16, 2024.

Mining billionaire Anil Agarwal-led Vedanta Ltd on Thursday said its board has approved raising up to Rs 8,500 crore through issuance of securities.

The company will look at raising funds via instruments like American depository receipts, global depository receipts and foreign currency convertible bonds.