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India s Vedanta CFO says confident of meeting debt maturities in FY24

India s Vedanta is confident of meeting its debt maturities of $2.7 bln this fiscal year, its CFO said on Monday. The company is committed to reducing debt as its high-quality.

Dhanya ann thoppilNavamya ganesh acharyaSonal shrivastava

Vedanta CFO says confident of meeting debt maturities in FY24

The company s net debt as of July 24 was $7.2 billion with an average interest rate of 8.7%, Shrivastava said.

Sonal shrivastavaVedanta resourceDebt maturities

Vedanta Resources rolls over group company debt at big interest markup

By extending inter-company loans, VRL can address outstanding external debt requirements, including a $1bn bond due in January 2024. The move could also enable VRL to borrow $2.4bn, upfront, using brand fee receivables to repay outstanding debt obligations.

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Vedanta rolls out inclusion policy for transgender employees

Vedanta rolls out inclusion policy for transgender employees
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Vedanta in talks with Deutsche, other banks for up to $600 million loan

Vedanta board is slated to meet on Monday (May 22) to consider and approve the first interim dividend on equity share

India generalDeutsche bankAnil vedanta resource ltdVedanta ltdZinc internationalSonal shrivastavaAnil agarwal led vedanta resource ltdFarallon capital managementEconomic timesSecured overnight financing rateReserve bankHindustan zincVedanta resourcesVedanta fundraisingVedanta board meetingAnil agarwal

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