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Vedanta Resources Discloses $350M Encumbrance on Vedanta Limited Shares

56% of Vedanta Limited shares encumbered under new facility; promoter control maintained. Funds to support VRL debt repayment and corporate needs.
Vedanta Resources Discloses $350M Encumbrance on Vedanta Limited Shares

Mumbai, February 16, 2026: Vedanta Resources Limited (VRL), the UK-based parent of Vedanta Limited, has revised its disclosure regarding the creation of an encumbrance on equity shares of Vedanta Limited held by its direct and indirect subsidiaries. The update follows the terms of a $350 million facility agreement executed on January 30, 2026.

The encumbrance covers shares held by Twin Star Holdings Ltd., Welter Trading Limited, Vedanta Holdings Mauritius Limited, Vedanta Holdings Mauritius II Limited, and Vedanta Netherlands Investments BV, collectively representing 56.38% of Vedanta Limited’s total equity capital.

The facility agreement involves multiple lenders, including First Abu Dhabi Bank PJSC and Mashreqbank PSC, and allows for additional lenders to join for the balance of the commitment, amounting to $240 million. The shares remain under a negative lien, ensuring that VRL and its subsidiaries retain control of at least 50.1% of Vedanta Limited’s issued capital.

 

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A spokesperson clarified that no pledge has been created over Vedanta Limited shares at the time of disclosure. The funds raised under this facility will be used for repayment of existing financial indebtedness, interest and fees, and general corporate purposes of the VRL Group.

This disclosure aligns with SEBI’s Takeover Regulations (Chapter V) and reflects the ongoing financial structuring of Vedanta Resources to support its operations and debt obligations, while maintaining control over Vedanta Limited, one of India’s leading diversified natural resources companies.

Vedanta Resources had previously made similar disclosures in 2022, 2024, and 2025, ensuring transparency for investors and regulators regarding encumbrances on promoter shareholding.

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