Vedanta announced that the duly constituted Committee of Directors of the Company has approved the allotment of 2,40,000 Indian Rupees (INR) Denominated Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures of face value of Rs 1,00,000 each, aggregating to Rs 2,400 crore (“Series 1 Debentures”), 1,75,000 Indian Rupees (INR) Denominated Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures of face value of Rs 1,00,000 each, aggregating to Rs 1,750 crore (“Series 2 Debentures”), and 85,000 Indian Rupees (INR) Denominated Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures of face value of Rs 1,00,000 each, aggregating to Rs 850 crore (“Series 3 Debentures” which together with the Series 1 Debentures and Series 2 Debentures, collectively, “Debentures”) with total issue size aggregating to Rs 5,000 crore on a private placement basis.
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