Anil Agarwal of Vedanta Group is facing a big problem these days. His condition is somewhat similar to that of Gautam Adani, whose companies have a debt of billions of rupees. Anil Aggarwal also has to repay a loan of $ 2 billion (about Rs 16, 470 crore) at this time.
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Anil Agarwal of Vedanta Group is also one of the Indian businessmen who have won laurels worldwide on their own. Anil Agarwal, who once worked in scrap, is facing a big problem these days. His company has a debt of $ 2 billion (about Rs 16,470 crore) and he has been struggling for a long time to deal with it. After all, how will Anil Aggarwal be able to overcome…
During his career, Anil Agarwal has been recognized as an industrialist who has been proving himself in every situation for decades. His business is such that there is no direct competitor. This time he has a cash crunch, a tussle is going on with the government and the expansion of the company is facing problems.
Rs 16,470 crore to be paid by 2024
Vedanta Group’s company Vedanta Resources has to pay bonds worth $ 2 billion i.e. Rs 16,470 crore in 2024. More than half of this amount has to be paid in January itself. Due to this, the risk rating of his company has come down and he is also facing difficulty in raising money.
(This news is being updated)
