CRISIL Assigns AA Rating to Vedanta's Non-Convertible Debentures, Places on Watch Developing

1 min read     Updated on 26 Feb 2026, 09:08 AM
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Overview

CRISIL Ratings Limited assigned a 'CRISIL AA' rating to Vedanta Limited's Non-Convertible Debentures and placed them on 'Watch Developing' status on February 25, 2026. The rating agency reaffirmed the company's short-term rating at 'CRISIL A1+' while maintaining the long-term rating at 'CRISIL AA' under 'Watch Developing' status. Vedanta Limited disclosed these rating actions to stock exchanges in compliance with SEBI regulations.

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Vedanta Limited has received rating actions from CRISIL Ratings Limited on its debt instruments, with the rating agency assigning a 'CRISIL AA' rating to the company's Non-Convertible Debentures while placing them on 'Watch Developing' status.

Rating Actions Overview

CRISIL Ratings Limited, through its release dated February 25, 2026, published around 03:40 PM IST, performed comprehensive rating actions on Vedanta Limited's debt instruments. The rating agency assigned 'CRISIL AA' to the company's Non-Convertible Debentures and placed them on 'Watch Developing' status.

Rating Category: Current Rating Previous Rating
Long-term Rating: CRISIL AA / Watch Developing CRISIL AA / Watch Developing
Short-term Rating: CRISIL A1+ CRISIL A1+
Non-Convertible Debentures: CRISIL AA / Watch Developing -

Regulatory Compliance

Vedanta Limited communicated these rating developments to BSE Limited and National Stock Exchange of India Limited in accordance with Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's disclosure was signed by Prerna Halwasiya, Company Secretary and Compliance Officer, and submitted on February 25, 2026.

Rating Continuity

The rating actions demonstrate continuity in CRISIL's assessment of Vedanta Limited's creditworthiness. The long-term rating remains at 'CRISIL AA' under 'Watch Developing' status, while the short-term rating has been reaffirmed at 'CRISIL A1+'. The 'Watch Developing' status indicates that CRISIL is monitoring developments that could influence the rating in either direction.

Additional Information

CRISIL has provided detailed rationale for these rating actions, which can be accessed through the rating agency's official documentation. The rating actions reflect CRISIL's ongoing evaluation of Vedanta Limited's financial position and debt servicing capabilities across different instrument categories.

Historical Stock Returns for Vedanta

1 Day5 Days1 Month6 Months1 Year5 Years
+0.34%+7.71%+6.74%+62.17%+78.44%+250.83%

Vedanta Board Committee Approves ₹3,000 Crore Private Placement of NCDs

1 min read     Updated on 25 Feb 2026, 12:51 PM
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Reviewed by
Riya DScanX News Team
Overview

Vedanta Limited's board committee has formally approved the private placement of ₹3,000 crore worth of non-convertible debentures, comprising up to 3,00,000 NCDs with ₹1,00,000 face value each. The meeting held on February 25, 2026, ensures full regulatory compliance under SEBI regulations, with the instruments set to be listed on BSE Limited.

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Vedanta Limited's board committee has approved the issuance of unsecured, rated, listed, redeemable non-convertible debentures (NCDs) worth ₹3,000 crore through private placement. The committee meeting held on February 25, 2026, from 11:30 AM to 12:40 PM IST, formalized this significant capital raising initiative under SEBI regulations.

NCD Structure and Details

The approved issuance comprises up to 3,00,000 NCDs with a face value of ₹1,00,000 each, aggregating to ₹3,000 crore. This structured approach allows the company to access institutional capital through debt instruments while maintaining flexibility in pricing and timing.

Parameter: Details
Total NCDs: Up to 3,00,000
Face Value: ₹1,00,000 each
Issue Size: ₹3,000 crore
Issue Type: Private Placement
Instrument Type: Unsecured, Rated, Listed, Redeemable NCDs

Regulatory Compliance Framework

The NCD issuance has been approved pursuant to Regulations 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval follows the company's earlier communication dated February 20, 2026, and complies with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Compliance Aspect: Details
Regulatory Framework: SEBI Regulations 30 & 51
Master Circular Reference: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
Prior Communication: VEDL/Sec./SE/25-26/208 dated February 20, 2026
Listing Exchange: BSE Limited

Key Terms and Conditions

The specific terms including tenure, coupon rates, security details, and redemption schedules will be outlined in the disclosure document as per standard market practices. The company has indicated that details regarding charge or security creation over assets, special rights or privileges, and payment schedules will be specified in the comprehensive disclosure document.

Term Details: Status
Tenure & Maturity: As per Disclosure Document
Coupon/Interest Rate: As per Disclosure Document
Security/Charge: As per Disclosure Document
Redemption Details: As per Disclosure Document
Current Default Status: Not applicable

Strategic Capital Market Transaction

This private placement represents a substantial debt capital market transaction for Vedanta Limited. The committee's approval enables the company to proceed with accessing institutional funding while ensuring full compliance with regulatory requirements. The meeting was concluded with Company Secretary and Compliance Officer Prerna Halwasiya signing the formal documentation digitally on February 25, 2026.

Historical Stock Returns for Vedanta

1 Day5 Days1 Month6 Months1 Year5 Years
+0.34%+7.71%+6.74%+62.17%+78.44%+250.83%

More News on Vedanta

1 Year Returns:+78.44%