NSECredit Rating6d ago · 13 Aug 2026, 08:38 pm
Credit Rating
Vedanta Limited · VEDL
✦ AI SummaryRating Change
Vedanta Limited has informed the Exchange that India Ratings has withdrawn the ratings assigned to the company's Non-Convertible Debentures (NCDs) which were transferred to Vedanta Aluminium Metal Limited (VAML) as part of the demerger.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk2/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10
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Vedanta Limited has informed the Exchange about Credit Rating
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VEDL_13082026203815_VEDLSEIntimationIndiaRatingssigned.pdf
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VEDL/Sec./SE/26-27/88 August 13, 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
Scrip Code: 500295 S c r i p C o d e: VEDL
Sub: Intimation under Regulation 30 and 51 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time
(“SEBI Listing Regulations”)
Dear Sir/Madam,
Pursuant to Regulation 30 and 51 read with Schedule III of the SEBI Listing Regulations, we wish to inform you
that India Ratings and Research Private Limited (“India Ratings”), vide its release dated August 13, 2026,
published around 7:25 PM IST, has withdrawn the ratings assigned to the Non-Convertible Debentures
(“NCDs”) of Vedanta Limited, which were transferred to Vedanta Aluminium Metal Limited (“VAML”) (debt
of VAML is rated at IND AA+/Stable) pursuant to the demerger of Vedanta Limited.
The details are as follows:
India Ratings withdraws Vedanta’s NCD’s
Name of the Company Ratings
Vedanta Limited Withdrawn from VEDL portfolio
(Previously IND AA-/Rating Watch with Developing Implications in VEDL
portfolio; Upgraded in VAML portfolio as per above mentioned ratings of
IND AA+/Stable)
The detailed rationale provided by the rating agency can be accessed at the link below:
https://www.indiaratings.co.in/pressrelease/84847
We request you to kindly take the above information on record.
Thanking you,
Yours faithfully,
For Vedanta Limited
Prerna Halwasiya
Company Secretary & Compliance Officer
Sensitivity: Public (C4)