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Published on 10/25/2016 in the Prospect News Emerging Markets Daily.

India’s Vedanta proposes Rs. 3 billion of nonconvertible debentures

By Tali Rackner

Norfolk, Va., Oct. 25 – Vedanta Ltd. informed the Bombay Stock Exchange that it is proposing to offer Rs. 3 billion of secured redeemable nonconvertible debentures.

The company’s board will meet on Friday to discuss the issue.

Vedanta is a natural resources company based in Panaji, India.


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