ICRA An Affiliate of Moody's

Entity-Specific Rating Rationales

26 Feb 2026

Vedanta Limited: Rating assigned for Non-Convertible Debenture; Ratings continue on Watch with Developing Implications

02 Jan 2026

Vedanta Limited: Ratings continue on watch with developing implications

18 Jul 2025

Vedanta Limited: Update on material event

28 Jan 2025

Vedanta Limited: Rating assigned for Non-Convertible Debenture; Continue on Rating Watch with Developing Implications

19 Dec 2024

Vedanta Limited: Rating assigned for Non-Convertible Debenture; Continue on Rating Watch with Developing Implications

12 Sep 2024

Vedanta Limited: Ratings continue on Rating Watch with Developing Implications

04 Sep 2024

Vedanta Limited: Long-term rating upgraded; ratings continues on Rating Watch with Developing Implications

26 Aug 2024

Vedanta Limited: Update on Material Event

30 May 2024

Vedanta Limited: Ratings assigned for Commercial Paper and rated amount enhanced of Bank facilities; Rating continues on Watch with Developing Implications

16 May 2024

Vedanta Limited: Ratings assigned

Entity-Specific Credit Perspective Reports

06 Feb 2026

Vedanta Limited

Vedanta Limited (Non-SF)

11 Oct 2024

Vedanta Limited

Vedanta Limited (Non-SF)

27 Jun 2024

Vedanta Limited

Vedanta Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
NCD	--	--	[ICRA]AA Rating Watch with Developing Implications	--
Long-term – Fund-based – Term Loan	--	--	[ICRA]AA Rating Watch with Developing Implications	--
Long-term/Short-term – Unallocated limits – Unallocated limits	[ICRA]A1+ Rating Watch with Developing Implications	--	[ICRA]AA Rating Watch with Developing Implications	--
NCD	--	--	[ICRA]AA Rating Watch with Developing Implications	--
NCD	--	--	[ICRA]AA Rating Watch with Developing Implications	--
Commercial Paper	[ICRA]A1+ Rating Watch with Developing Implications	--	--	--

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