Vedanta has announced the full release of encumbrances on its shares, effective October 27, 2025. This follows the repayment of facilities under the Facility Agreement. The encumbrances, created in relation to the agreement dated December 15, 2023, have been lifted, impacting entities like Twin Star Holdings Limited and Vedanta Resources Investments Limited. All conditions related to these encumbrances under Chapter V of the Takeover Regulations have now been met.
Encumbrance Release Details
Vedanta has declared the release of all encumbrances related to the Facilities Agreement. This release, effective October 27, 2025, impacts several entities including Twin Star Holdings Limited (“TSHL”), Welter Trading Limited (“WTL”), and Vedanta Resources Investments Limited (“VRIL”). This action is a result of the repayment of facilities under the Facility Agreement.
Background on Encumbrances
The initial encumbrances were disclosed on December 15, 2023, and revised on February 6, 2024. These encumbrances were created in accordance with the Takeover Regulations. The restrictions included non-disposal undertakings and negative liens on shares held by the involved entities. With the repayment of the facilities, all related conditions and restrictions are now lifted.
Impacted Entities
The release impacts companies such as VHMLII, TSHL, FICL, VHML, and VNIBV. These entities were previously subject to restrictions preventing the creation of any encumbrance over their directly or indirectly held shares in Vedanta Limited. Vedanta Resources Limited (“VRL”) and its subsidiaries were also required to maintain control over Vedanta Limited, with at least 50.1% ownership of the issued equity share capital.
Shareholding Changes
As a result of this release, the post-event holdings of encumbered shares for key entities are adjusted to reflect the removal of these restrictions, providing greater flexibility and control over their investments.
Source: BSE
