Vedanta Aluminium Metal: 56.38 percent encumbrance disclosure under bond terms
VAML · price
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GLAS Agency Hong Kong, acting as trustee for bondholders, filed a Regulation 29 disclosure reporting encumbrance over 2,204,724,753 shares (56.38 percent) of Vedanta Aluminium Metal Limited. This relates to new Tap Bonds totaling 400 million dollars issued by Vedanta Resources Finance II PLC on 16 September 2026. No actual pledge has been created; the disclosure is precautionary because bond covenants may qualify as encumbrance under takeover rules. Holdings before and after remain the same at 56.38 percent.
No change in ownership. Promoter group must keep at least 50.1 percent in VAML per bond terms. No actual share pledge created.