Vedanta Limited Encumbers 50.1% Stake in Hindustan Zinc

Vedanta Limited has disclosed the encumbrance of its 50.1% stake in Hindustan Zinc Limited (HZL), a subsidiary. This action is a consequence of issuing unsecured, listed, rated, redeemable, non-convertible Debentures worth ₹2,000 Crore. The Debenture Trust Deed mandates that Vedanta must directly remain the legal and beneficial owner of 50.1% of HZL's share capital and maintain control until the debentures are fully redeemed. Consequently, Vedanta is restricted from creating any security over or disposing of this significant portion of its holding in HZL. This disclosure is made in compliance with SEBI (SAST) Regulations, 2011.