By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Vedanta declares allotment of NCDs worth ₹5000 crore via private placement basis | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Vedanta declares allotment of NCDs worth ₹5000 crore via private placement basis | Stock Market News
Business

Vedanta declares allotment of NCDs worth ₹5000 crore via private placement basis | Stock Market News

Last updated: June 5, 2025 1:40 pm
9 months ago
Share
SHARE


Mining major Vedanta share price edged higher in Thursday’s trading session after the company announced that the board has approved the allotment of non-convertible debentures (NCDs) worth ₹5000 crore via private placement basis.

Vedanta shares was trading 0.14 per cent higher at ₹437.40 at the time of writing this article.

In Series 1, the company has approved the allotment of 2,40,000 Denominated Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures, with a face value of ₹ 1,00,000 each, aggregating to ₹2,400 crore.

In Series 2, the company alloted 85,000 Indian Rupees (INR) Denominated Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures of face value of ₹1,00,000 each, aggregating to ₹850 crores.

In Series 3, which together with the Series 1 Debentures and Series 2 Debentures, collectively, with total issue size aggregating to ₹ 5,000 Crores on a private placement basis.

Vedanta Q4 results 2025

Mining giant Vedanta posted a 154% year-on-year increase in consolidated net profit for the fourth quarter, reaching ₹3,483 crore, while revenue from operations rose 14% YoY to ₹40,455 crore.

During the quarter, consolidated EBITDA came in at ₹11,618 crore, marking a 30% rise YoY and a 3% growth sequentially. The EBITDA margin stood at 35%, the highest in the past 12 quarters.

The company recorded its lowest hot metal cost (excluding alumina) in four years at $920 per tonne, even amid rising input expenses.

Vedanta achieved its highest-ever quarterly production of both mined and refined zinc, reaching 310 kt and 270 kt, respectively. The cost of zinc production dropped to $994 per tonne — the lowest in 16 quarters — driven by enhanced operational efficiency and better ore grades. Additionally, silver output rose sequentially to 177 tonnes in Q4.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

Access Denied

Access Denied

Top Gainers & Losers on Feb 18: Godfrey Phillips, Netweb Tech, Hindustan Copper, Marico, BSE among top gainers | Stock Market News

Gold, silver rates today: Should you buy or avoid precious metals during Lunar New Year? Explained | Stock Market News

Access Denied

TAGGED:Indian stock marketStock market todayVedanta NCDs allotment 2025Vedanta Q4 results 2025Vedanta share priceVedanta share price target 2025Vedanta share price target 2030Vedanta share price todayVedants NCDs allotment
Share This Article
Facebook Twitter Email Print
Previous Article Stocks to buy: Cement sector set for steady growth in FY26; brokerages bullish on THESE four stocks | Stock Market News
Next Article RailTel share price jumps over 4.5% on winning ₹274 crore order from MVD | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS