StockWatch
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Zinc
Shareholding20 Jun 2026, 10:30 am

Hindustan Zinc: Vedanta Releases Encumbrance on 55.04% Shares

AI Summary

Vedanta Limited has disclosed the full release of encumbrances on 2,32,58,03,748 equity shares of Hindustan Zinc Limited (HZL), representing 55.04% of HZL's total share capital. This release is effective from June 17, 2026, following the prepayment of a facility. The encumbrances, which included pledge and non-disposal undertakings, were created for various facilities. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as the released conditions likely fall within the definition of 'encumbrance'. Vedanta now directly or indirectly holds at least 50.1% of HZL's issued share capital and controls the company.

Key Highlights

  • Vedanta Limited has released encumbrances on 55.04% of Hindustan Zinc Limited shares.
  • The release is effective from June 17, 2026, after facility prepayment.
  • This action is in compliance with SEBI Takeover Regulations.
  • Vedanta continues to hold controlling stake and meet minimum holding requirements.