Vedanta Shares Rises 1.32% After Board Approves Rs 3,500 Crore NCD Issuance; Check all Details

Shares of vedanta limited were trading higher by the mid day as the company's committee of Directors today in the board meeting approved the issuance of non-convertible debentures (NCDs) worth up to Rs. 3,500 crore on a private placement basis.

Vedanta NCD Details

As per the regulatory filing, the company will issue up to 3,50,000 NCDs of face value Rs. 1,00,000 each, aggregating up to Rs. 3,500 crore, in one or more series.

The debentures are proposed to be listed on BSE Limited. Details relating to tenure, coupon rate, and redemption schedule will be specified in the disclosure document at a later date.

Vedanta Shares today

At the time of writing Vedanta shares were trading at Rs 260.85 on the NSE, up 1.32% or Rs. 3.40 on September 18.

Vedanta Demerger

Vedanta's board this year approved the implementation of its long-pending demerger in May 1, 2026, under which the company split into four separate entities which included Vedanta Aluminium Metal Limited, Vedanta Power Limited, Vedanta Oil and Gas Limited , and Vedanta Iron and Steel Limited. Post the demerger shareholders received shares in each new entity in a 1:1 ratio based on their holdings as of the record date.

Vedanta Q1 FY26 Results

In the first quarter of FY26m Vedanta Limited reported a consolidated net profit of Rs. 3,185 crore which was down 11.7% YoY from Rs. 3,606 crore in the year-ago period.

Consolidated revenue from operations rose 6.2% YoY to Rs. 37,434 crore, though it fell 6% quarter-on-quarter due to weaker pricing and lower volumes.

The company posted its highest-ever first-quarter EBITDA at Rs. 10,746 crore, up 5% YoY, with EBITDA margin expanding to 35%, the highest in 13 quarters, aided by lower costs and improved operational efficiencies.

Vedanta also declared an interim dividend of Rs. 7 per share for the quarter.

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