New Delhi, March 16 Vedanta Ltd announced on Monday that its board of directors has approved raising up to ₹2,575 crore through the issuance of debentures.
The fundraising is part of Vedanta's efforts to diversify its funding sources and strengthen its balance sheet as it continues to refinance debt and reduce borrowing costs.
The committee has approved the allotment of 2,57,500 unsecured, redeemable, rated, listed, non-convertible debentures with a face value of ₹1,00,000 each, totaling ₹2,575 crore, through a private placement, according to a BSE filing.
Vedanta has seen strong investor interest in recent debt issuances.
In October 2025, its ₹500 million bond issue was oversubscribed three times, while an NCD offering in June last year saw nearly 60 per cent oversubscription.
The company has been gradually reducing its debt.
Vedanta Resources Ltd, the parent company of Vedanta Ltd, has reduced its net debt to approximately USD 4.8 billion as of December 2025, from approximately USD 8.9 billion in March 2022.
This sustained investor interest comes amid strong operating performance across businesses, supported by higher volumes, cost efficiencies, and favorable commodity trends.
The group is also undertaking a corporate demerger that will create five separate listed entities, a move that analysts say could help unlock value and simplify its structure.
Vedanta Ltd is a leading global producer of metals, critical minerals, oil & gas, power, and technology.