Vedanta Resources Limited (VRL) disclosed the creation of encumbrances on equity shares of Vedanta Limited (VEDL), held through its subsidiaries, to secure facilities aggregating up to US$ 80,000,000. The encumbrances involve negative liens and restrictions on creating further encumbrances. As of January 1, 2026, no pledge has been created over the equity shares of VEDL in relation to these facilities.
Details of Encumbrance
Vedanta Resources Limited (VRL) has announced the creation of encumbrances on the equity shares of Vedanta Limited (VEDL) held by its direct and indirect subsidiaries. This action is related to a facility agreement dated December 30, 2025, securing facilities up to US$ 80,000,000.
Subsidiaries Involved
The encumbrances affect shares held by Twin Star Holdings Ltd. (TSHL), Welter Trading Limited (“Welter”), Vedanta Holdings Mauritius Limited (“VHML”), Vedanta Holdings Mauritius II Limited (“VHMLII”), and Vedanta Netherlands Investments BV (“VNIBV”).
Nature of Encumbrance
The encumbrances include negative liens on VEDL shares held or to be held by the specified subsidiaries. These subsidiaries are restricted from creating additional encumbrances on their VEDL shares. VRL and its group must maintain control over VEDL, owning at least 50.1% of its issued equity share capital.
Clarification on Pledge
As of January 1, 2026, VRL clarifies that no pledge has been created by VRL or its subsidiaries over the equity shares of VEDL in relation to the mentioned facilities.
Details of Share Encumbrance
As of January 1, 2026, 2,204,724,753 equity shares of VEDL, amounting to 56.38% of the total share capital, are encumbered. This includes 1,564,805,858 shares held by Twin Star Holdings Ltd., 38,241,056 shares by Welter Trading Limited, 107,342,705 shares by Vedanta Holdings Mauritius Limited, 492,820,420 shares by Vedanta Holdings Mauritius II Limited and 1,514,714 shares by Vedanta Netherlands Investments B.V.
Source: BSE
