Vedanta Limited — Pledging, 09-10-2025: Pledge/Unpledge
09-10-2025 | 04:11 pm
09-10-2025 | 04:11 pm
Vedanta Resources Ltd (VRL) and its promoter group have released encumbrances on 220.47 crore shares of Vedanta Limited (VEDL), which accounts for 56.38% of VEDL's total share capital. These encumbrances were previously placed against a USD 150 Million facility obtained from Union Bank of India. The facility has now been fully repaid, leading to the release of these share encumbrances. This action enhances financial flexibility for the promoter group concerning a substantial portion of their VEDL ownership. It's important for investors to note that these were financial encumbrances, distinct from direct pledges of shares.
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