Pledging

Pledge/Unpledge

Vedanta Limited logo
Vedanta LimitedVEDL · Filed with the exchange

Vedanta's promoter group subsidiaries have repaid specific financing facilities totaling US$1.73 billion, leading to the release of encumbrances (pledges/liens) on 213.97 Cr shares of Vedanta Limited (VEDL). While these specific encumbrances are now cleared, the *same shares* remain encumbered under other existing financing agreements by the promoter group.

Therefore, the overall percentage of promoter shares encumbered in VEDL stays at 54.72% post this update.

For investors, this means that while certain debts are settled, the total level of encumbered promoter shares has not decreased.

Read the original filing(PDF)

No comments yet. Be the first.

More from Vedanta Limited

All announcements