Vedanta set to acquire Meenakshi Energy for Rs 1,440 crore - Business News: Latest News & Videos about market and economy | Trendmergers

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Vedanta set to acquire Meenakshi Energy for Rs 1,440 crore

In an exchange filing, Vedanta said that Rs 312 crore is set to be paid upfront, while the balance Rs 1,128 crore will be in the form of secured, unlisted non-convertible debentures (NCDs) issued by Meenakshi Energy, which will mature in equal instalments over the next five years.

from Stocks-Markets-Economic Times
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