Vedanta Oil and Gas Ltd (VOGL) — Insider Trading | 19 September 2026 (3 announcements)

Vedanta Resources Limited disclosed creation of encumbrance on 16 September 2026 over shares of Vedanta Oil and Gas Limited held by promoter group entities Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II through supplemental trust deeds for Tap Bonds. The encumbrance covers 56.38% of VOGL's share capital, with GLAS Agency acting as security trustee for US$400 million in new bond issuances due 2032-2037. No prior pledge exists on these shares, and existing encumbrances stem from previous debt facilities.

Vedanta Resources Limited disclosed that its promoter group entities—Twin Star Holdings, Welter Trading, Vedanta Holdings Mauritius II, Vedanta Holdings Mauritius, and Vedanta Netherlands Investments—have created encumbrances on their combined 56.38% stake in Vedanta Oil and Gas Limited (VOGL) due to new Tap Bonds issued on 16 September 2026. The encumbrance stems from trust deeds with GLAS Agency as security trustee for US$400 million in new senior bonds (2032, 2034, and 2037 Tap Bonds), which impose restrictions on asset pledging and require retention of 50.1% control over VOGL. No prior pledges exist, but conditions in the bond agreements likely qualify as encumbrances under SEBI takeover norms.

GLAS Agency (Hong Kong) Limited, acting as trustee and security agent for bondholders, disclosed an encumbrance on Vedanta Oil and Gas Limited's shares to secure $400 million in new bonds issued by Vedanta Resources Finance II PLC. The encumbrance represents 56.38% of total equity and voting rights, maintaining the same holding before and after the transaction. No new pledges were created, and promoter group entities remain subject to strict conditions to retain control of VOGL.