Over 56 percent of promoter-held VISL shares pledged for USD 2.25bn loan facility

GLAS Agency, acting as security agent for lenders, disclosed creation of encumbrance over 22.05 crore shares of Vedanta Iron and Steel, equal to 56.38 percent of equity. Shares are held by Vedanta Resources group through subsidiaries and secure a new USD 2.25 billion facility signed on 20 July 2026 with lenders including Barclays, Citi, JP Morgan and Standard Chartered. The same shares were already pledged under earlier Vedanta facilities. VRL must keep at least 50.1 percent ownership of VISL. No change in shareholding.