Announced Sat, 19 Sept · 15:06 IST
Bond-related encumbrance disclosure for 56.38 percent of Vedanta Iron and Steel shares
VISL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹30.83
prior close
₹30.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.2+1.0+1.7——————————
Up moveDown movePending
AI summary
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.
Likely market impact
Disclosure only, no new pledge. Encumbered position stays at 56.38 percent. Promoter group must hold at least 50.1 percent in VISL.