Vedanta Limited: Vedanta plans Rs 4,000-crore NCD issue to service debt payments

Mumbai: Anil Agarwal-led Vedanta Limited (VDL) is planning to raise ₹4,000 crore through rupee-denominated non-convertible debentures (NCDs), offering investors a 9.75% return, according to sources familiar with the matter.

The company has mandated Citibank to facilitate the fundraising, which…