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Vedanta plans to raise up to Rs 1,250 crore through NCDs

On Wednesday, the mining major Vedanta has said that it will be raising up to Rs 1,250 crore through issuance of non-convertible debentures (NCDs).

Vedanta Ltd has said in a BSE filing that “The Committee of Directors of the Board of Directors of the company in their meeting held on September 30, 2016 has approved issuance of non-convertible debentures up to Rs 1,250 crore.”

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