New Delhi, Jun 1 (PTI) Vedanta Ltd on Wednesday said a committee of its directors will meet this week to consider raising up to Rs 4,100 crore via debentures.

"The company proposes to offer rated, secured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 4,100 crore in one or more tranches and in this regard, is holding a meeting of its duly constituted Committee of the Directors on Saturday, June 4," Vedanta Ltd said in a BSE filing.

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The above issuance is pursuant to the board of directors' resolutions passed at their meetings on May 7, 2019 and October 3, 2020.

Vedanta Limited is a globally diversified natural resources company with interests in zinc, lead, silver, iron ore, steel, copper, aluminium, power, oil and gas.

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(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)