Union Bank releases encumbrance on Vedanta shares after $150m repayment

Union Bank of India, DIFC Branch, acting as agent for finance parties, has disclosed the release of an encumbrance on 2,204,724,753 equity shares of Vedanta Limited. This action follows the full repayment of all outstanding dues under a $150,000,000 facility agreement. The encumbrance, which represented 56.38% of Vedanta Limited's total share/voting capital, was initially created over shares held by VRL subsidiaries.

The original facility agreement involved Union Bank of India, DIFC Branch, as lender, arranger, and agent. The disclosure clarifies that no pledge was created by any promoter group entities over Vedanta Limited's equity shares in relation to this agreement.

As of October 8, 2025, with all dues repaid, the shares are now free of this encumbrance. Consequently, Union Bank of India's holding of encumbered shares in Vedanta Limited is now nil, down from 2,204,724,753 shares previously. The equity share capital of Vedanta Limited remains 3,910,388,057 equity shares of 1 each both before and after this event.