The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Axis Trustee Services Ltd
VEDL · price
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Awaiting price reaction for this filing.
Axis Trustee Services, acting on behalf of lenders (Madison Pacific Trust as Agent), has informed the exchanges that all encumbrances created in December 2023 under a Facilities Agreement on Vedanta Limited shares have been fully released with effect from October 27, 2025. The encumbrance covered 2,204,724,753 shares, equal to 56.38% of Vedanta's equity share capital, held by promoter group entities such as VHMLII, Twin Star Holdings, Welter Trading, Finsider International, and VNIBV. The release comes after the borrowers (VRIL and VHMLII) repaid the underlying loan facility in full. A separate encumbrance over 100% of VHMLII shares created by FICL is being released independently under Mauritian law, so no change in ownership of Vedanta shares is involved in this filing.
Positive for Vedanta shareholders — removal of a heavy pledge/lien cloud over 56% of the company's equity reduces overhang and perceived refinancing risk on the promoter group, while ownership and promoter control remain unchanged. No change in shareholding or voting rights for any party.