Vedanta: Encumbrances on Shares Released Post Bond Repayment

Citicorp International Limited, acting as trustee for bondholders, has disclosed the release of encumbrances over Vedanta Limited (VEDL) shares held by promoter group entities. These encumbrances were created in relation to US$1.1 billion in guaranteed senior bonds issued by Vedanta Resources Finance II PLC. The release is effective from September 17, 2026, following the full repayment and settlement of these bonds. The disclosure confirms that no pledge was created over VEDL shares by the promoter group entities in relation to these bonds as of the disclosure date, though certain conditions in the bond terms likely constituted 'encumbrances' under SEBI regulations.