Vedanta rises 2% ahead of board meet on NCD issue

Vedanta shares gained 1.55% to ₹261.45 after the company said its directors' committee will meet on September 18 to consider issuing NCDs through private placement. The proposed fundraise follows a May board resolution. Vedanta reported a 71.8% YoY rise in Q1 FY27 profit to ₹5,473 crore, with revenue up 53.6%.