Vedanta Limited announced that all encumbrances on its shares have been released following the full repayment of a USD 100 million facility on August 29, 2025. The encumbrances were created under a facility agreement dated September 29, 2022.
The facility agreement was between Vedanta Resources Limited (VRL) as the borrower and Canara Bank, acting through its London Branch as the lender. The encumbrance was created over the equity shares of Vedanta Limited (VEDL) held through 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.
Details of the encumbrance release are as follows:
| Particulars | Before Encumbrance | Change | After Encumbrance |
|---|---|---|---|
| Shares in the nature of encumbrance | 2,204,724,753 | -2,204,724,753 | 0 |
| % w.r.t. total share/voting capital | 56.38% | -56.38% | 0% |
| % w.r.t. total diluted share/voting capital | 56.38% | -56.38% | 0% |
The company 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 dated September 29, 2022.
The equity share capital of Vedanta Limited remains at 3,910,388,057 shares of ₹1 each both before and after the release of the encumbrance.
The release of encumbrances is in compliance with Regulation 29(2) read with Regulation 29(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Authorised signatories Krishnendu Dutta, Alternate Chief Executive, and Praveen Kumar Singh, Chief Executive, of Canara Bank London Branch, confirmed the release.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
