 "Vedanta’s Credit Rating Soars: A Strategic Leap Towards Financial Strength")
Vedanta’s Credit Rating Soars: A Strategic Leap Towards Financial Strength
ICRA has upgraded Vedanta Ltd’s long-term credit rating from AA- to AA, highlighting the company’s improved credit profile. This change comes after Vedanta successfully raised $1 billion through a qualified institutional placement in July and an additional $400 million from selling shares of Hindustan Zinc Ltd in August. The upgrade reflects significant strategic growth initiatives ...
