Vedanta Approves ₹3,000 Crore NCD; Vedanta Share Price Up Nearly 4%

Vedanta Ltd on Wednesday announced that it has approved the issuance of unsecured, rated, listed, redeemable non-convertible debentures (NCDs) aggregating up to ₹3,000 crore via private placement, according to a regulatory filing. The fundraise was cleared by a duly authorised Committee of Directors at its meeting held earlier in the day.

Vedanta Limited is a diversified natural resources company with operations spanning oil and gas, zinc, lead, silver, copper, iron ore and aluminium. The company forms part of the Vedanta group and has a significant presence across India and select international markets.

Its securities are listed on both the National Stock Exchange of India and BSE. The latest debt issuance follows the company’s ongoing capital management initiatives, as reflected in its exchange filings.

Committee of Directors Clears NCD Issuance 

In its disclosure under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Vedanta Limited said the committee approved the issue of up to 300,000 unsecured NCDs with a face value of ₹100,000 each, aggregating up to ₹3,000 crore.

The instruments will be issued on a private placement basis and are proposed to be listed on BSE Limited. The company described the debentures as unsecured, rated and redeemable.

Specific terms, including tenure, date of allotment, coupon or interest schedule, charge on assets and redemption structure, will be detailed in the relevant disclosure document. As on the date of filing, the company reported no delay in payment of interest or principal with respect to existing debt securities.

The meeting of the Committee of Directors commenced at 11:30 a.m. IST and concluded at 12:40 p.m. IST on February 25, 2026.

Non-convertible debentures are fixed-income instruments that do not carry an option to convert into equity shares. Companies typically use private placements to raise debt capital from institutional investors with negotiated terms and without a public offer process.

Vedanta Share Price Snapshot

Shares of Vedanta were trading at ₹722.75, up ₹27.65 or 3.98%, as of 1:18 p.m. IST on February 25, 2026, according to NSE exchange data.

The stock opened at ₹706.40 and touched a high of ₹732.35 and a low of ₹706.40 during the session so far. The previous close stood at ₹695.10. Vedanta’s 52-week high is ₹769.80, while the 52-week low is ₹363.00. At the current price, Vedanta’s market capitalisation stands at approximately ₹2.83 lakh crore. The stock is trading at a price-to-earnings ratio of 20.08. The indicated dividend yield is 7.13%, with a quarterly dividend amount of ₹12.88 per share, as per available market data.

The ₹3,000 crore NCD approval provides Vedanta with additional flexibility to access domestic debt markets through private placement. Further details on pricing and maturity are expected to be set out in the disclosure document and allotment filings, in line with regulatory requirements.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/74a1e055-e4be-4fbc-abe0-2092e278bc0b.pdf