Vedanta Resources completes bond repayment, releases share encumbrances

Vedanta Resources Limited (VRL) has announced the full repayment of its USD 600,000,000, 9.25% bonds originally due in 2026, guaranteed by VRL. This led to the release of all encumbrances created pursuant to these bonds and the related trust deed. The announcement clarifies that no pledge had been created by the Promoter Group Entities (Twin Star Holdings Ltd., Welter Trading Limited, Vedanta Holdings Mauritius Limited, Vedanta Holdings Mauritius II Limited, and Vedanta Netherlands Investments B.V.) over the equity shares of Vedanta Limited.