Vedanta OKs corporate guarantee for INR 17.25-bln loan of arm Ferro Alloys
This story was originally published at 16:46 IST on 17 January 2026
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--Vedanta OKs corporate guarantee for arm Ferro Alloys' loan of INR 17.25 bln
MUMBAI – Vedanta Ltd. has approved a corporate guarantee for a rupee term loan of up to INR 17.25 billion to be availed by its subsidiary, Ferro Alloys Corp. Ltd. The guarantee will be applicable between February 2026 and March 2029, Vedanta said in a notice to the stock exchanges on Saturday.
The guarantee is a contingent liability for Vedanta, the company said. For the quarter ended September, Vedanta had reported a consolidated net profit of INR 17.98 billion on a revenue of INR 398.68 billion. Friday, shares of the company closed at INR 682.70 on the National Stock exchange, up 1% from Thursday. End
Reported by Anshul Choudhary
Edited by Ashish Shirke
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