Vedanta Limited — Pledging, 24-08-2026: Pledge/Unpledge
24-08-2026 | 03:11 pm
24-08-2026 | 03:11 pm
Big news for Vedanta! 🚨 Promoter group (Vedanta Resources subsidiaries Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II) has released encumbrances on 2,030,794,344 VEDL shares (representing a 51.93% stake) as of August 7, 2026. This follows the full repayment of their US$ 550,000,000 Senior Bonds. This move reduces the promoter's share-backed debt risk and should positively impact investor sentiment. Additionally, encumbrances on shares of the demerged entities, including Vedanta Aluminium, Oil & Gas, Power, and Iron & Steel, have also been released.
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