Vedanta Ltd: Twin Star Holdings Disclosure on Share Encumbrance

Vedanta Resources Limited (VRL) has filed a disclosure under SEBI's Takeover Regulations regarding the creation of encumbrances on equity shares of its subsidiaries, including Vedanta Limited. This action is linked to the issuance of new Guaranteed Senior Bonds by Vedanta Resources Finance II PLC, a subsidiary of VRL. The disclosure clarifies that while no direct pledge has been created on shares for the new bonds, certain conditions in the bond agreements may constitute 'encumbrance' as defined by the regulations. VRL and its promoter group entities are required to maintain control over Vedanta Limited.