Vedanta Ltd Stock Price up by More Than 1% in Early TradeToday
By Shishta Dutta | Published at: Jun 27, 2025 12:33 PM IST
Mumbai, June 27, 2025: Vedanta Ltd (NSE: VEDL, BSE: 500295) stock gained more than 1% in early trade today. The company has entered into a $600 million facility agreement signed by its promoter entities, including Vedanta Resources Ltd, Twin Star Holdings Ltd, and Welter Trading Ltd.
While Vedanta is not a party to the agreement, restrictions linked to the deal apply to the company, which has raised investor interest. The encumbrances are in compliance with SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011.
As of 11:44 AM, shares of Vedanta Ltd were trading at ₹463, up by more than 1% in the day.
Key Market Data (As of June 27, 2025)
| Metric | Value |
|---|---|
| Last Traded Price | ₹464.50 |
| Previous Close | ₹455.50 |
| Intraday High / Low | ₹465.50 / ₹459.00 |
| 52-Week High / Low | ₹526.95 / ₹363.00 |
| Traded Volume (Shares) | 10.21 lakh |
| Traded Value | ₹47.26 crore |
| Market Cap | ₹1,81,598.42 crore |
| Free Float Market Cap | ₹78,368.36 crore |
| Adjusted P/E / Symbol P/E | 9.28 / 8.42 |
Transaction Summary
On June 26, 2025, Vedanta Ltd disclosed a $600 million Facility Agreement executed on June 24, 2025 by its promoter group entities — Vedanta Resources Ltd, Twin Star Holdings Ltd, and Welter Trading Ltd. Vedanta Ltd is not a party to this agreement, but certain restrictive covenants apply to it, effective from the first utilization date under the agreement.
Parties to the Facility Agreement
| Entity Name | Role | Relationship with Vedanta Ltd |
|---|---|---|
| Vedanta Resources Ltd | Borrower | Promoter group, no direct holding |
| Twin Star Holdings Ltd | Guarantor | Promoter group, 40.02% holding |
| Welter Trading Ltd | Guarantor | Promoter group, 0.98% holding |
| First Abu Dhabi Bank PJSC | Arranger/Lender | Not related |
| Standard Chartered Bank | Lender | Not related |
| Madison Pacific Trust Ltd | Agent | Not related |
Loan Details
| Item | Detail |
|---|---|
| Facility Amount | Up to $600 million |
| Committed Amount | $380 million |
| Additional (Uncommitted) Facility | $220 million |
| Purpose | Refinancing VRL group debt and related expenses |
Key Restrictions on Vedanta Ltd (Under SEBI Reg 29(1) and 31)
While there is no liability imposed directly, the promoter group has agreed not to allow Vedanta Ltd to undertake the following without lender consent:
- Create security over its assets (except permitted cases)
- Dispose of non-ordinary course assets
- Invest in non-core sectors (excluding mining, metals, coal, oil & gas, infra, energy)
- Undertake mergers/amend charter documents affecting lenders’ rights
- Restrict distributions or provide promoter guarantees
These encumbrances are compliant with SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011 and have been appropriately disclosed under Reg 29(1) and 31 of SAST Regulations.
Management Statement
Vedanta Ltd clarified:
“No direct impact on the management or control of Vedanta Limited. The restrictions are covenants under the agreement signed by promoter entities and do not classify as related party transactions under SEBI LODR.”
Outlook
The disclosure of promoter-linked loan covenants has sparked market interest, lifting Vedanta’s stock despite the company not being directly liable. While restrictions may limit future flexibility, near-term sentiment appears stable, with investors watching for any spillover effects on operations or governance.
About the Company
Vedanta Ltd, listed since May 13, 1998, is part of the NIFTY NEXT 50 index. The company operates across diversified metals, oil and gas, and energy sectors. As of the latest trade data, its market cap stands at ₹1.81 lakh crore with a P/E of 9.28.
REF: https://nsearchives.nseindia.com/corporate/VEDL_26062025171615_VEDLDisclosureUnderRegulation30Asigned.pdf
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