The notice details the outcome of the meeting of the Board constituted Committee of Directors of Vedanta Limited held on September 18, 2026, which considered and approved the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis aggregating up to 3,500 Crores.

The issuance comprises up to 3,500,000 NCDs of a face value of 100,000/- each, proposed to be listed on BSE Limited. The meeting commenced at 11:35 A.M. IST and concluded at 11:55 A.M. IST on September 18, 2026.

Vedanta Limited is a prominent multinational natural resources conglomerate operating in sectors like zinc, lead, silver, copper, aluminium, iron ore, steel, and oil & gas. In 2025, the company reported its highest-ever annual revenue and production milestones across segments like aluminium and zinc. The company has been focusing on operational efficiencies, cost reduction, and executing a major corporate demerger to split into independent sector-specific entities.

For the financial year 2025, Vedanta recorded consolidated annual revenue of $17.8 billion (up 8% year-on-year) and an annual profit after tax of $2.4 billion (up 167% year-on-year). Prominent leadership and key stakeholders steering the group include Chairman Anil Agarwal.