Vedanta Iron & Steel: Promoter Encumbrance Disclosure Under SEBI Rules

Vedanta Resources Limited (VRL) has disclosed the creation of encumbrances on equity shares of Vedanta Iron and Steel Limited (VISL) held by its subsidiaries. This action is in relation to a facility agreement dated July 20, 2026, with a total maximum commitment of US$ 2,250,000,000. The encumbrances, as defined under SEBI (SAST) Regulations, 2011, involve conditions related to security over VISL shares and maintaining control over VISL if it becomes a Material Subsidiary. The disclosure clarifies that no direct pledge has been created by VRL or its subsidiaries over VISL shares in relation to this agreement. The current commitment from original lenders stands at US$ 1,545,000,000, with an additional US$ 705,000,000 available.