Vedanta approves allotment of INR 2,600 crore in debentures

Vedanta (BSE: VEDL) announced the allotment of ₹2,600 crore in Indian Rupees (INR) Denominated Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures. The allotment includes 2,06,000 debentures ("Series 1 Debentures") with a face value of ₹1,00,000 each, aggregating to INR 2,060 crore, and 54,000 debentures ("Series 2 Debentures") of the same face value, totaling INR 540 crore. The company said that the approval was given by the Committee of Directors on February 20, 2025, at 02:27 PM IST. The debentures were issued through private placement.