Vedanta Ltd Encumbers 50.1% Stake in Hindustan Zinc

Vedanta Limited has disclosed an encumbrance on 50.1% of its shareholding 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 encumbrance, classified as 'others' under SEBI Takeover Regulations, restricts Vedanta from creating further security or disposing of this stake until the debentures are fully redeemed. Axis Trustee Services Limited acts as the Debenture Trustee for this issuance, representing various debenture holders. The disclosure was made on September 30, 2026, in compliance with SEBI regulations.