Vedanta Power Shares Encumbered Amid US$ 2.25 Billion Facility Agreement

Vedanta Power Shares Encumbered Amid US$ 2.25 Billion Facility Agreement​

A facility agreement involving a maximum commitment of US$ 2,250,000,000 has resulted in the encumbrance of equity shares of Vedanta Power Ltd (VPL), as detailed under terms set forth by GLAS Agency (Hong Kong) Limited on behalf of its clients. The transaction concerns debt financing structured through a Facility Agreement dated 20 July 2026.

The facility agreement involves several parties, including Twin Star Holdings Ltd (TSHL), Vedanta Resources Limited (VRL), VHMLII, and Welter as guarantors and obligors. The arrangement includes various international financial institutions as arrangers and original lenders.

As of the date of this disclosure, the commitment from the original lenders stands at US$ 1,545,000,000. This amount is part of the total maximum commitment of US$ 2,250,000,000, which includes an increase mechanism providing up to US$ 705,000,000 available from additional lenders.

Terms of Encumbrance and Obligations​

The Facility Agreement established specific restrictions concerning the shares of Vedanta Power Ltd (VPL). These include:

• No Obligor (including TSHL, VRL, VHMLII, and Welter) is permitted to create or permit any security or quasi security over the shares of VPL.
• Members of the VRL group are restricted from creating or permitting security or quasi-security over their shareholdings in an Obligor that owns shares in VPL.

If VPL becomes a Material Subsidiary of VRL, the VRL group must maintain control over VPL or hold directly or indirectly at least 50.1% of its issued equity share capital.

The encumbrances have been created over the existing shareholding of Vedanta Resources Limited (VRL) and its subsidiaries.

Share Holding Details​

The details regarding the creation of the encumbrance are as follows:


The mode by which the shares are encumbered is creation of encumbrance, with the date of this transaction recorded as 20 July 2026.

VEDPOWER Stock Price Movement​

Shares of Vedanta Power Limited are edging higher to ₹35.69 as of 9:57 AM, gaining 0.88% in live trading on a notable volume of 5.55 million shares. Despite this rally, the stock remains highly volatile, trading near its yearly low of ₹35.02 amidst market scrutiny.