Vedanta Limited — Pledging, 04-02-2026: Pledge/Unpledge

Vedanta Resources (VRL), parent of #VEDL, has structured a new facility of up to US$ 350 million. This involves creating an 'encumbrance' on VEDL shares held by promoter entities, including Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius.

Crucially, this is described as a 'negative lien' and a restriction preventing further encumbrances, not a new pledge of shares as of this disclosure.

Nearly 100% of the promoter's 56.38% stake in VEDL (representing approximately 2.2 billion shares) is now under this encumbrance. The funds raised by VRL are intended for repaying its financial obligations, covering related costs, and for general corporate purposes of the VRL Group.

VRL has also committed to maintaining at least 50.1% control over #VEDL. Investors should note the continued use of VEDL shares as collateral/assurance for the parent company's borrowings.