Vedanta Limited — Pledging, 06-08-2025: Pledge/Unpledge
06-08-2025 | 12:15 pm
06-08-2025 | 12:15 pm
Vedanta's parent, Vedanta Resources (VRL), has unpledged a significant chunk of Vedanta Ltd (#VEDL) shares! Over 2.2 billion shares (56.38% of VEDL) held by VRL subsidiaries are now free. This includes shares from Twin Star Holdings, Welter Trading, Vedanta Holdings Mauritius (I & II), and Vedanta Netherlands Investments B.V. This positive development follows the full repayment of a USD 12.5 Cr (USD 125 million) loan by VRL. A clear sign of reduced financial leverage at the parent level, boosting confidence in the stock. #StockMarket #VEDL
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