The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 05, 2025 for Twin Star Holdings Ltd & Others
VEDL · price
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Awaiting price reaction for this filing.
Vedanta Resources Ltd (VRL), the parent of Vedanta Ltd, has disclosed the release of encumbrance on Vedanta shares held by its subsidiaries. This follows the full repayment of a USD 125 million facility on August 01, 2025, which was originally set up under a Facility Agreement dated October 10, 2024 with Standard Chartered Bank (Singapore) Limited as the agent. The encumbrance was in the form of a negative lien covering shares held by Twin Star Holdings (40.02%), Vedanta Holdings Mauritius II (12.60%), Vedanta Holdings Mauritius (2.75%), Welter Trading (0.98%), and Vedanta Netherlands Investments (0.04%). After this release, encumbrances on promoter shares remain at 56.38% of total share capital due to other existing facility agreements.
Positive signal — the loan repayment removes one layer of encumbrance on promoter-held shares, reducing financial burden on the parent group. However, 56.38% of promoter shares remain encumbered under previous facilities, so a significant overhang still exists.