Hindustan Zinc: Promoter Vedanta Encumbers 50.1% Shares

Vedanta Limited has disclosed the encumbrance of 50.1% of its shareholding in Hindustan Zinc Limited (HZL) due to the issuance of unsecured, listed, redeemable, non-convertible Debentures worth ₹2,000 Crore. This encumbrance, classified as 'Others' under SEBI (SAST) Regulations, 2011, is a condition stipulated in the Debenture Trust Deed executed with Axis Trustee Services Limited. Until the full redemption of the debentures, Vedanta is restricted from creating any security over or disposing of this 50.1% stake in HZL, ensuring it remains the legal and beneficial owner and maintains control. The disclosure was made on September 30, 2026.