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.
The board’s announcement comes after a wave of investor optimism earlier in the week, with shares rising 4–6% ahead of the June 11 meeting, during
Shares of Gujarat Mineral Development Corporation have increased almost 18% recently. The stock has consistently performed well over the last few trading sessions. GMDC shares
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