Bond-related encumbrance disclosure for 56.38 percent of Vedanta Iron and Steel shares
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GLAS Agency disclosed 2,204,724,753 shares (56.38 percent) of Vedanta Iron and Steel as encumbered under Reg 29(1) due to new Tap Bonds worth US$400 million issued by Vedanta Resources Finance II PLC on 16 Sep 2026. No actual pledge created; encumbrance stems from contractual bond restrictions falling under Takeover Regulations Chapter V. Before and after position unchanged.
Disclosure only, no new pledge. Encumbered position stays at 56.38 percent. Promoter group must hold at least 50.1 percent in VISL.