Vedanta Limited has announced a global release of obligations and liabilities related to its Facilities Agreement, effective October 27, 2025. This follows the full repayment of facilities under the agreement dated December 13, 2023 and subsequent amendments. The release covers all present and future obligations of each obligor and security provider, signifying a clean financial slate regarding this specific debt arrangement.
Debt Obligations Released
Vedanta Limited has executed a Global Release Deed, dated October 27, 2025, releasing all obligations and liabilities under its Facilities Agreement. This action follows the complete repayment of the facilities initially agreed upon on December 13, 2023, and subsequently amended on January 25, 2024.
Key Parties Involved
The Global Release Deed involves several key parties, including:
- Madison Pacific Trust Limited (Agent and security agent)
- The Mauritius Commercial Bank Limited (Mauritius security agent)
- Vedanta Resources Limited (Obligors’ Agent and the Company)
- Vedanta Resources Investments Limited
- Vedanta UK Holdings Limited
- Finsider International Company Limited
- Vedanta Holdings Mauritius II Limited
Impact of the Release
The Global Release Deed ensures that all present and future obligations and liabilities, whether actual or contingent, of each obligor and security provider under the Facilities Agreement are now fully released. This signifies a significant step in streamlining Vedanta’s financial obligations related to this specific agreement. The previous encumbrances over the shares of Vedanta Limited arising from the Facilities Agreement now stand released with effect from October 27, 2025.
Source: BSE