Vedanta board approves funds fundraise of₹3,000 crore via NCDs; share jumps 5%

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Vedanta's share price rose over 5% on February 25 after the board approved a fundraise of ₹3,000 crore through non-convertible debentures (NCDs). The issuance will consist of up to 3,00,000 NCDs at a face value of ₹1,00,000 each.