Shareholding12 Aug 2026, 04:18 pm
Vedanta Ltd: Encumbrances on Shares Released by Citicorp International
AI Summary
Citicorp International Limited, acting as trustee for holders of Vedanta Resources Finance II plc's US$550 million bonds due 2031, has disclosed the full release of encumbrances on Vedanta Limited (VEDL) shares. These encumbrances, originally created on shares held by subsidiaries of Vedanta Resources Limited (VRL) including Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II, were linked to the December 2024 Bonds Series 2. The release is effective from August 7, 2026, following the complete repayment and settlement of the bonds. The disclosure confirms that approximately 51.93% of VEDL's shares were previously encumbered.
Key Highlights
- Encumbrances on Vedanta Ltd shares have been fully released.
- Release follows complete repayment of US$550 million bonds.
- Approximately 51.93% of VEDL shares were previously encumbered.
- Citicorp International acted as trustee for bondholders.
- Release is effective from August 7, 2026.
Price Impact
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