Vedanta Ltd: Promoter Group Encumbrances Released on Shares
Vedanta Resources Limited (VRL) has announced the release of encumbrances on equity shares of Vedanta Limited (VEDL) held by its subsidiaries: Twin Star Holdings Limited, Welter Trading Limited, and Vedanta Holdings Mauritius II Limited. This release is effective from September 17, 2026, following the complete repayment and settlement of US$550,000,000 9.475% guaranteed senior bonds due 2030 and US$550,000,000 9.850% guaranteed senior bonds due 2033 issued by Vedanta Resources Finance II PLC. The encumbrances were created as per the terms of these bonds, which restricted the subsidiaries from creating security interests or disposing of VEDL shares under certain conditions. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Encumbrances on Vedanta Ltd shares held by subsidiaries are released.
- Release follows full repayment of VRL's guaranteed senior bonds.
- Disclosure made under SEBI Takeover Regulations.
- Twin Star Holdings Ltd held 38.35% of VEDL shares, now unencumbered.
Price Impact
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