Vedanta Aluminium promoter reports encumbrance on 56.38% shares for US$2.25bn loan
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VRL, promoter of Vedanta Aluminium Metal, disclosed encumbrance on 2,204,724,753 shares (56.38% of total capital, 99.99% of promoter holding) under a US$ 2.25 billion facility agreement dated July 20, 2026. No actual pledge was created; encumbrance arises from loan covenants. Proceeds will be used to repay existing VRL Group debt, pay fees, and general corporate purposes. Promoter must retain at least 50.1% ownership of VAML.
Over half of promoter holding is encumbered under a US$2.25bn group-level loan, with a 50.1% minimum ownership clause restricting stake cuts.