India: Vedanta explores options to raise funds after delisting plan fails

India: Vedanta explores options to raise funds after delisting plan fails

Photo: Bloomberg

Anil Agarwal’s natural resources company Vedanta Ltd may offer an inter-corporate loan to the Singapore-listed Vedanta Resources Ltd (VRL) to help pay off debt, after its bid to delist from the exchanges failed, said two people aware of the discussions, requesting anonymity. The company may also explore the option of bringing in a strategic investor for an equity stake, they said.

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