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Vedanta to cut debt with NCD funds
Mint New Delhi
|June 06, 2025
Mining Major Vedanta Ltd plans to utilise ₹5,000 crore raised through its unsecured non-convertible debenture (NCD) to retire high-cost debt, that will save an estimated ₹350 crore in interest outgo, people said.
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It will also use a part of the proceeds to fund its growth capex, people added.
Dit verhaal komt uit de June 06, 2025-editie van Mint New Delhi.
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