Corporate Announcement
Security Code : 500295    Company : VEDL    
 
News Clarification - April 12, 2019Download PDF Download XBRL
  Exchange Received Time  15/04/2019 10:18:51         Exchange Disseminated Time   15/04/2019 10:18:56              Time Taken   00:00:05
This is with reference to your email dated April 12, 2019 regarding a news item in Newspaper - The Economic Times dated April 12, 2019, titled "Vedanta Resources raises $1 bn via bond issue to cut debt load'.

We would like to clarify that the said media report refers to a US Dollar bond issue done by our principal holding company, Vedanta Resources Limited (VRL). VRL is a company registered in UK and as part of its debt management exercise, accesses capital markets and bank loan markets on a regular basis. The proceeds from this transaction will be used by VRL for primarily refinancing its term debt. Details of the bond issue can be found on their website https://www.vedantaresources.com/Pages/RNSNews.aspx

The Company is not involved in this bond issue of VRL and hence the same is not required to be intimated under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015.

Trust the same suffices.
 

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