Vedanta News: Update on Vedanta came after market closed- A big meeting will be held on May 30

News Topical, Digital Desk : Vedanta News: The meeting of the Committee of Directors of Vedanta Limited will be held on Friday, May 30, 2025, to consider the proposal to issue non-convertible debentures (NCDs).

The company said in a regulatory filing that the proposal is being brought on the basis of private placement under routine financing and refinancing.

Earlier, Vedanta had approved the issuance of NCDs up to Rs 3,000 crore in February 2025, raising a total of Rs 2,600 crore in two series. The purpose of NCDs issued by the company is to repay debt and raise funds for capital expenditure. This strategy of Vedanta is a step towards strengthening its capital structure and improving financial position. Vedanta's decision comes at a time when the company is continuously working on its debt management and expansion plans. This proposal to issue NCDs reflects the company's financial flexibility and investor confidence. 

Status in today's session Shares of Vedanta Limited closed with a slight gain at Rs 447.95 on Monday, up 0.55% from the previous close of Rs 445.50. During the trading session, the stock touched a high of ₹ 452.20 and a low of ₹ 443.95. The company's 52-weeks high was ₹ 527.00 and lowest was ₹ 362.20. Vedanta's total market capital is ₹ 1,75,165.83 crore while the free float market cap is ₹ 75,773.76 crore. The company's EPS (TTM) is ₹ 42.52 and ROE is 22.07%. Vedanta Limited is a part of the BSE 100 index and is engaged in various metal industries.

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