New Delhi: Mining group Vedanta Ltd on Thursday said it plans to raise up to Rs 1,000 crore by issuing debentures.

Its directors have approved the allotment of 1,00,000 non-convertible debentures worth Rs 1,000 crore on private placement basis, the company said in a regulatory filing.

The duly constituted committee of directors of the company has approved the allotment of 1,00,000 secured, rated, listed, redeemable, non-convertible debentures (NCDs) of face value Rs 1,00,000 each on private placement, aggregating to Rs 1,000 crore. Is. Aadhaar,” the filing said.

Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world's leading natural resources companies.

With significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminium, power and glass substrate spread across India, South Africa, Namibia, Liberia, UAE, Korea, Taiwan and Japan Is and is entering. Semiconductors and Display Glass.