Vedanta Aluminium Metal Ltd (VAML) — Insider Trading | 19 September 2026 (3 announcements)

Vedanta Resources Limited disclosed creation of encumbrance on 16 September 2026 over 1,56,48,05,858 shares (40.02% of VAML's equity) held by promoter entities Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II, securing the Tap Bonds issuance. This encumbrance, governed by supplemental trust deeds with GLAS as security trustee, restricts promoter share disposal without conditions met, though no direct pledge was created. The move follows prior encumbrances on Original Bonds and maintains promoter control over VAML above 50.1%.

Vedanta Resources Limited disclosed that its promoter group entities have created encumbrance over shares of Vedanta Aluminium Metal Ltd (VAML) via supplemental trust deeds for newly issued Tap Bonds, maintaining 56.38% promoter holding with 99.99% of that encumbered. The encumbrance stems from bond covenants requiring promoter control over VAML and restricts disposal without conditions, clarifying no pledges exist on VAML shares.

GLAS Agency (Hong Kong) Limited, acting as trustee and security agent for Tap Bonds holders, disclosed an encumbrance on 2,204,724,753 VAML shares representing 56.38% of total voting capital, created through bond covenants. This encumbrance is part of a $400 million bond issuance by Vedanta Resources Finance II PLC, with conditions restricting promoter share pledges and requiring 50.1% control of VAML. The disclosure clarifies no new pledges exist as of 16 September 2026.