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Vedanta Iron & Steel shares encumbered for $400 million bond

after close1 source ↓written by the desknot a recommendation

of Vedanta Iron
56.38%
bond issuance
$400 million
effective
18 Sep 2026
offering
2032 Bonds
coupon rate
7.000%

GLAS Agency disclosed that 56.38% of Vedanta Iron & Steel's equity share capital is encumbered due to a $400 million bond issuance by the promoter group. This encumbrance, effective from 18 Sep 2026, includes shares held by Vedanta Resources Limited and its subsidiaries, adhering to SEBI regulations.

The bond issuance consolidates with prior bonds into three series, with the 2032 Bonds offering a 7.000% coupon rate. This development may impact investor sentiment and liquidity in the near term.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 20 Sept 2026, 16:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

VEDL closed −2.6% on the day of the news, from ₹267.60 to ₹260.50; Nifty +0.3% over the same session; futures OI 0.0%.

Bulletin at 16:09 IST on 20 Sept 2026. Every change is measured from ₹267.60, the last close before it, on 18 Sept. Nifty 50 is measured over the same sessions.

  • VEDL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
VEDL closes around the bulletin against the close before the news, with Nifty 50 rebased to it236.24267.60298.96axis spans 27%before the news · 18 Sept267.60Nifty 50VEDLbulletinD0+1+3+511 Sept23 Sept1 OctFutures open interest, lotspeak 61,000Reference close ₹267.60. 14 sessions from 11 Sept to 1 Oct; the price axis spans 27 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before18 Sept₹267.60basebase
On the day21 Sept₹260.50▼ −2.6%▲ +0.3%−2.9 pp difference
+1 session22 Sept₹263.00▼ −1.7%▼ −0.1%−1.6 pp difference
+3 sessions24 Sept₹267.500.0%▼ −1.2%+1.2 pp difference
+5 sessions28 Sept₹259.00▼ −3.2%▼ −2.4%−0.8 pp difference
Gap at the open, % · ₹
▼ −1.2%−3.10 on 21 Sept
Day's range, % · ₹
2.1%≈ 5.5 high to low
Volume on the day
0.62×the 20-session average
Futures OI on the day
0.0%−15 lots · long unwinding · price −2.6%
Futures OI open, lots
59,00021 Sept · 29 Sept expiry
Futures premium, ₹
−0.50−0.2% to spot
Puts per call, by OI
0.50from 0.50 the session before
Max pain
270from 270 the session before

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