Vedanta Resources Limited (VRL) announces the release of encumbrance on shares of Vedanta Limited (VEDL) held by its subsidiaries. This release follows the full payment of outstanding dues under a USD 150 Million Facility Agreement dated September 29, 2022. The encumbrance was created as part of the agreement with Union Bank of India DIFC Branch. No pledge had been created by the Promoter Group Entities over the equity shares of VEDL.
Details of Encumbrance Release
Vedanta Resources Limited (“VRL”) has announced the release of encumbrance on equity shares of Vedanta Limited (“VEDL”) held by its direct and indirect subsidiaries, including Twin Star Holdings Ltd., Welter Trading Limited, Vedanta Holdings Mauritius Limited, Vedanta Holdings Mauritius II Limited and Vedanta Netherlands Investments B.V.
Facility Agreement Details
The release is related to the Facility Agreement dated September 29, 2022, where an encumbrance was created. The parties involved in the agreement were Twin Star Holdings Ltd., VRL, Welter Trading Limited, and Union Bank of India DIFC Branch, with the facility amount being USD 150 Million.
Full Payment and Release
As of October 6, 2025, all outstanding dues under the Facility have been fully paid. Consequently, all encumbrances created under the Facility Agreement on the equity shares of VEDL held by VRL’s direct and indirect subsidiaries have been released.
Clarification on Pledge
It has been clarified that no pledge had been created by any of the Promoter Group Entities over the equity shares of VEDL in relation to the Facility Agreement.
Source: BSE
