Vedanta Ltd: GLAS Agency Disclosure under SEBI Takeover Regulations

GLAS Agency (Hong Kong) Limited, acting as trustee and security agent for bondholders, has filed a disclosure under SEBI's Takeover Regulations concerning Vedanta Limited and its subsidiaries. This filing relates to potential encumbrances on shares held by Vedanta Resources Limited's subsidiaries, including Vedanta Ltd, Vedanta Power, Vedanta Oil and Gas, Vedanta Iron And Steel, and Vedanta Aluminium Metal. The disclosure is made due to contractual restrictions tied to new bond issuances by Vedanta Resources Finance II PLC, which may be interpreted as 'encumbrance' under the regulations. No direct pledge has been created on the shares.