The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 16, 2026 for Twin Star ....
VEDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vedanta Resources Ltd (VRL), the parent promoter of Vedanta Ltd, has filed a revised disclosure (updating the Feb 2, 2026 filing) under SEBI's Takeover Regulations regarding encumbrance on 2,204,724,753 promoter-group shares of Vedanta Ltd, equal to 56.38% of the company's total share capital and 99.99% of promoter shareholding. The encumbrance relates to a US$350 million facility agreement signed on January 30, 2026, with First Abu Dhabi Bank PJSC and Mashreqbank PSC as the original lenders for US$110 million, and up to US$240 million more expected from incoming lenders. The filing clarifies the encumbrance is in the form of a negative lien and non-disposal undertaking (not a traditional pledge), covering shares held by Twin Star Holdings, Welter Trading, Vedanta Holdings Mauritius I & II, and Vedanta Netherlands Investments BV. Proceeds will be used to repay existing VRL Group debt and for general corporate purposes, and VRL has committed to retaining at least 50.1% ownership of Vedanta Ltd.
This is essentially a refinement of an already-disclosed encumbrance rather than fresh pledging. However, the fact that virtually the entire promoter stake (99.99%) is encumbered highlights the heavy leverage at the Vedanta Resources parent level — a risk shareholders should monitor, as financial stress at VRL could indirectly affect Vedanta Ltd.