Two funds backed by Oaktree Capital subscribed to the non-convertible debentures maturing on March 27, 2025. Vedanta has offered a 12% upfront cash coupon and will also pay an ‘arrangement coupon,’ documents show.
Which Adani Group stock can give 40-50% return? What Tata stocks to work well now? Deven Choksey answers
Deven Choksey, MD of DRChoksey FinServ, sees strong investment potential in Tata and Adani Group companies. He mentions Tata Motors, Tata Power, and Indian Hotels