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Vedanta subsidiary raises pricey Rs 1,804 crore debt to lend to parent

Vedanta Semiconductors, a wholly owned subsidiary of Vedanta, raised Rs 1,804 crore in debt from private creditors such as Varde Partners and Davidson Kempner. The proceeds will be used to lend to Vedanta Ltd to repay its debt, said people with knowledge of the matter.

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Vedanta shares rise 77% in two months, overbought on charts; is the upside capped?

Vedanta shares rise 77% in two months, overbought on charts; is the upside capped?
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Vedanta shares in news ahead of board meet for interim dividend, fund raising

Vedanta shares in news ahead of board meet for interim dividend, fund raising
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Tycoon Agarwal s India Zinc Unit to Pay $506 Million Dividend to Ease Debt Burden

Tycoon Agarwal s India Zinc Unit to Pay $506 Million Dividend to Ease Debt Burden
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Vedanta demerger: Key lenders signal green light after months of deliberation

Once the final approval for the demerger is granted, Vedanta group companies may seek fresh lines of credit from their current creditors to obtain growth capital

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