
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.
Price Impact
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