New Delhi, May 22 (PTI) Mining billionaire Anil Agarwal-led Vedanta Ltd has sought shareholders' nod to raise up to Rs 8,500 crore through issuance of securities.
"We hereby submit a copy of Postal Ballot Notice....seeking approval of the Members of the company in respect of...issuance of securities up to Rs 8,500 crore," the company said in a filing on the BSE.
The e-voting for postal ballot will start at 9 am on Thursday and will end at 5 pm on June 21, the filing said.
The company's board had earlier approved raising funds via instruments like American depository receipts, global depository receipts and foreign currency convertible bonds.
Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading natural resources companies spanning across countries like India, South Africa, Namibia, Liberia and UAE.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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