BSEInsider Trading / SAST12 Aug 2026 · 12 Aug 2026, 04:22 pm
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 11, 2026 for Twin Star Holdings Ltd & Others
Vedanta Ltd · 500295
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Vedanta Ltd has disclosed the release of encumbrances created under a facility agreement for a loan of up to US$ 500,000,000. The encumbrances were related to shares held by direct and indirect subsidiaries of Vedanta Resources Limited. The release of encumbrances was completed on August 7, 2026, and the disclosure was made on August 11, 2026.
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Vedanta Ltd - 500295 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
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Date: August 11, 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 June 02, 2022 (“Earlier Disclosure”), wherein, we 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, in terms of the facility agreement dated May 31, 2022 (“Facility
Agreement”) for facility amount aggregating up to US$ 500,000,000 executed inter alios,
amongst (a) VRL (as the borrower and original guarantor), (b) Vedanta Holdings Jersey
Limited (“VHJL”) and Vedanta Holdings Mauritius Limited (“VHML”) (as original guarantors),
(c) State Bank of India, acting through its London Branch (as arranger underwriter, original
lender and agent), and (d) The Law Debenture Trust Corporation P.L.C. (as the security agent),
for the purposes of availing a facility of an aggregate amount of US$ 500,000,000 by the
borrower. Further, an agreement dated June 01, 2022 (“Offshore Security Agent
Agreement”) was entered amongst (a) State Bank of India, acting through its London branch
(as original lender and agent), (b) Axis Trustee Services Limited (“ATSL” as offshore security
agent), and (c) VRL (as confirming party), to appoint ATSL as the offshore security agent in
regard to the Facility Agreement.
VRL, VHJL and VHML as members of the promoter group of VEDL (“Promoter Group Entities”)
were subject to certain restrictions under the aforesaid Facility Agreement and other related
documents (collectively, “Finance Documents”), amongst others, there were certain
restrictions on the Promoter Group Entities to create any security, or to sell, lease, transfer
or otherwise dispose of any other shares in VEDL held by them and/or acquired by them
(including 2.89% shares held by VHML in VEDL), (collectively, the “Encumbrances”).
Pursuant to complete repayment of the facility and discharge of secured obligations under
the Facility Agreement, all the Encumbrances created under the Facility Agreement and as
disclosed under the Earlier Disclosure, have been fully released with effect from August 07,
2026.
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
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.
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 11, 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
Welter Trading Limited 38,241,056 0.98 38,241,056 0.98 (Please refer to Note 1 0.98 38,241,056 0.98
below)
August 07, 2026 Axis Trustee
Others 107,342,705
Vedanta Holdings Mauritius Release of (i.e., the date of Please refer to Services Limited
107,342,705 2.75 107,342,705 2.75 (Please refer to Note (Please refer to Note 1 2.75 107,342,705 2.75
Limited encumbrance repayment of Note 1 below (Please refer to
1 below) below)
the facility) Note 1 below)
492,820,420
Vedanta Holdings Mauritius
492,820,420 12.60 492,820,420 12.60 (Please refer to Note 1 12.60 492,820,420 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 5
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