BSEInsider Trading / SAST6d ago · 10 Aug 2026, 10:03 am
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 07, 2026 for Twin Star Holdings Ltd & Others
Vedanta Ltd · 500295
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Vedanta Resources Limited has released encumbrances on Vedanta Limited shares held by its subsidiaries, Twin Star Holdings Ltd, Welter Trading Limited, Vedanta Holdings Mauritius Limited, Vedanta Holdings Mauritius II Limited, and Vedanta Netherlands Investments BV, following the repayment of a loan facility of up to $80 million.
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Full Announcement
Vedanta Ltd - 500295 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
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Date: August 7, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Fort Bandra-Kurla-Complex, Bandra (East)
Mumbai – 400 001 Mumbai – 400 051
E-mail: corp.relations@bseindia.com Email: takeover@nse.co.in
Vedanta Limited
1st Floor ‘C’ Wing, Unit 103, Corporate Avenue
Atul Projects, Chakala, Andheri (East),
Mumbai, Maharashtra – 400 093
E-mail: comp.sect@vedanta.co.in
Dear Sir/Madam,
Subject: Disclosure under Regulation 31 of the Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover
Regulations”).
This disclosure is being made by Vedanta Resources Limited (“VRL” / “Borrower”/ “we”). We
refer our previous disclosure dated January 1, 2026 (“Earlier Disclosure”), wherein, had
disclosed regarding creation of encumbrances (as defined under Chapter V of the Takeover
Regulations) over the equity shares of Vedanta Limited (“VEDL”) held by direct and indirect
subsidiaries of VRL, (i.e., Twin Star Holdings Ltd. (“TSHL”), Welter Trading Limited (“Welter”),
Vedanta Holdings Mauritius Limited (“VHML”), Vedanta Holdings Mauritius II Limited
(“VHMLII”) and Vedanta Netherlands Investments BV (“VNIBV”)) in terms of the facility
agreement dated December 30, 2025 (“Facility Agreement”) for facilities aggregating up to
US$ 80,000,000 (“Facilities”) executed inter alios, amongst the lenders mentioned therein
(Bank of Maharashtra GIFT City Branch as the original lender (“Lenders”), the Borrower, TSHL,
VHMLII, Welter and Bank of Maharashtra GIFT City Branch (“Agent”) acting for the benefit of
the Lenders.
Pursuant to the Facilities under the terms of the Facility Agreement, inter alia: (i) a negative
lien was created on the shares of VEDL held or to be held by the Obligors (as defined under
the Facility Agreement) including TSHL, VHMLII and Welter; (ii) the Obligors (as defined under
the Facility Agreement) including TSHL, VHMLII and Welter were not permitted to create any
encumbrance over the shares directly or indirectly held by them/or to be acquired by them
in VEDL; and (iii) VRL and its direct or indirect subsidiaries (collectively referred to as the “VRL
Group”) were required to retain control over VEDL or, directly or indirectly, own at least
50.1% of the issued equity share capital of VEDL (collectively, the “Encumbrances”).
Pursuant to complete repayment of the Facilities by the Borrower, all the encumbrances
created under the Facility Agreement and as disclosed under the Earlier Disclosure, have
been fully released with effect from August 5, 2026.
Given the nature of conditions and/or arrangements under the Facility Agreement, the
Encumbrances and other conditions therein which are being released were likely to fall within
the definition of the term ‘encumbrance’ provided under Chapter V of the Takeover
Regulations.
Vedanta Resources Limited
(Registered in England & Wales No. 04740415)
Registered Office: C/O CSC CLS (UK) Limited, 5 Churchill Place, 10th Floor, London, United Kingdom, E14 5HU
Corporate Office: 30 Berkeley Square, London, W1J 6EX
Tel: +44 (0) 20 7499 5900 | Fax: +44 (0) 20 7491 8440 | Website: www.vedantaresources.com
The enclosed disclosure is being made under Regulation 31 of the Takeover Regulations read
with Securities and Exchange Board of India's Master circular dated February 16, 2023, bearing
reference no. SEBI/HO/CFD/PoD-1/P/CIR/2023/31 in relation to the above considering the
definition of the term “encumbrance” for the purposes of Chapter V of the Takeover
Regulations.
Yours faithfully,
For and on behalf of Vedanta Resources Limited
and its aforementioned subsidiaries
Authorised Signatory
Encl.: a/a
Vedanta Resources Limited
(Registered in England & Wales No. 04740415)
Registered Office: C/O CSC CLS (UK) Limited, 5 Churchill Place, 10th Floor, London, United Kingdom, E14 5HU
Corporate Office: 30 Berkeley Square, London, W1J 6EX
Tel: +44 (0) 20 7499 5900 | Fax: +44 (0) 20 7491 8440 | Website: www.vedantaresources.com
ANNEXURE – 1
Disclosure by the Promoters to the Stock Exchanges and to the Target Company for encumbrance of shares/invocation of encumbrance/release of encumbrance, in terms of Regulations 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Name of the Target Company (TC) Vedanta Limited
Names of the stock exchanges where the shares of the target company are listed BSE Limited and National Stock Exchange of India Limited
Date of reporting August 7, 2026
TWIN STAR HOLDINGS LTD
WELTER TRADING LIMITED
Names of the promoters or PAC on whose shares encumbrance has been created/ released/ invoked VEDANTA HOLDINGS MAURITIUS LIMITED
VEDANTA HOLDINGS MAURITIUS II LIMITED
VEDANTA NETHERLANDS INVESTMENTS B.V.
Details of the creation/release of encumbrance:
Post event holding of
Promoter holding in the Promoter holding Details of events pertaining to encumbrance encumbered shares
target company (1) already encumbered (2) (3) {creation [(2)+(3)]/release
[(2)-(3)]/invocation [(1)-(3)]}
Name of the promoter(s)
Date of
or PACs with him* Type of event Type of encumbrance Name of the entity % of
% of total % of total creation/ Reasons for % of
(creation / (pledge/ lien/ non in whose favour total
Number share Number share release/ encumbrance* Number share Number
release / disposal shares encumbered share
capital capital invocation of * capital
invocation) undertaking/ others) *** capital
encumbrance
Pravin Agarwal 1,000 0.00 Nil Nil - - - - - - - - -
Suman Didwania 87,696 0.00 Nil Nil - - - - - - - - -
Ankit Agarwal 36,300 0.00 Nil Nil - - - - - - - - -
Sakshi Mody 18,000 0.00 Nil Nil - - - - - - - - -
Anil Agarwal - - - - - - - - - - - - -
Navin Agarwal - - - - - - - - - - - - -
Kiran Agarwal - - - - - - - - - - - - -
Priya Agarwal - - - - - - - - - - - - -
Pratik Agarwal - - - - - - - - - - - - -
Hare Krishna Packaging
- - - - - - - - - - - - -
Private Limited
Vedanta Resources Limited,
- - - - - - - - - - - - -
Finsider International
- - - - - - - - - - - - -
Company Limited
1,499,732,868
Twin Star Holdings Ltd. # 1,499,732,868 38.35 1,499,732,868 38.35 (Please refer to Note 1 38.35 1,499,732,868 38.35
below)
38,241,056 Bank of
Welter Trading Limited 38,241,056 0.98 38,241,056 0.98 (Please refer to Note 1 0.98 Maharashtra IFSC 38,241,056 0.98
August 5, 2026 below) Banking Unit, acting
Others
Release of (i.e. the date of Please refer to 107,342,705 as Agent for the
Vedanta Holdings Mauritius (Please refer to Note
107,342,705 2.75 107,342,705 2.75 encumbrance prepayment of Note 1 below (Please refer to Note 1 2.75 benefit of the 107,342,705 2.75
Limited 1 below)
the Facilities) below) Lenders (Please
492,820,420 refer to Note 1
Vedanta Holdings Mauritius
492,820,420 12.60 492,820,420 12.60 (Please refer to Note 1 12.60 below) 492,820,420 12.60
II Limited
below)
1,514,714
Vedanta Netherlands
1,514,714 0.04 1,514,714 0.04 (Please refer to Note 1 0.04 1,514,714 0.04
Investments B.V.
below)
Vedanta UK Investments
- - - - - - - - - - - - -
Limited
Westglobe Limited - - - - - - - - - - - - -
Richter Holding Limited,
- - - - - - - - - - - - -
Cyprus
Vedanta Resources Cyprus
- - - - - - - - - - - - -
Limited (VRCL, Cyprus)
Vedanta Resources
- - - - - - - - - - - - -
Holdings Limited (VRHL, UK)
Vedanta Finance UK limited
- - - - - - - - - - - - -
(VFUL)
Vedanta Holdings Jersey
- - - - - - - - - - - - -
Limited
Volcan Investments Cyprus
- - - - - - - - - - - - -
Limited
Vedanta Resources Finance
- - - - - - - - - - - - -
Limited
Vedanta Resources Finance
- - - - - - - - - - - - -
II PLC
Anil Agarwal Discretionary
- - - - - - - - - - - - -
Trust
Conclave PTC Limited - - - - - - - - - - - - -
Vedanta Incorporated
(formerly Volcan - - - - - - - - - - - - -
Investments Limited)
Total (Refer to Note 3
2,139,794,759 54.72 2,139,651,763 54.72 - - - - 2,139,651,763 54.72 - 2,139,651,763 54.72
below)
#On June 23, 2026, TSHL (part of the Promoter and Promoter Group of Vedanta Limited) has sold
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