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VEDL · Vedanta Limited · BSE · Filed 15 Sept · 1 min read

Vedanta Committee to Weigh New NCD Issue on 18 September

A Committee of Directors will meet on Friday, 18 September 2026 to consider issuing non-convertible debentures on a private placement basis.

What was filed

Vedanta Limited has told the exchanges that a meeting of its duly constituted Committee of Directors is proposed for Friday, 18 September 2026. The meeting will consider a proposal to issue non-convertible debentures (NCDs) on a private placement basis, described in the filing as being undertaken in the ordinary course of business. The intimation was made under Regulation 29(1) and (2) and Regulation 50(1) of SEBI's LODR Regulations.

Scope and authority

The proposed issuance is pursuant to a resolution passed by the Board of Directors at its meeting held on 29 May 2026. This notice is a scheduling intimation only: it confirms the committee will convene to consider the proposal but does not disclose the size, coupon, tenor or other terms. Those particulars, if the issue proceeds, would follow the committee's decision.

Why it matters to a holder

This is an advance, procedural notice rather than a completed transaction. It flags that Vedanta may add to its debt capital through a private placement of debentures, though the quantum and terms are not yet on record. The 18 September meeting would be the point at which any material detail becomes available.

The notice signals a possible addition to Vedanta's borrowings via privately placed debentures, but no terms are disclosed; its relevance to a holder rests on the size and pricing that may emerge from the committee's decision, which are not yet in the filing.

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