Ankit Agarwal has confirmed that he did not create any encumbrance, directly or indirectly, on his shareholding in Vedanta Limited during the financial year 2025-26. This disclosure ensures transparency regarding the status of his holdings and compliance with regulatory requirements. The confirmation addresses potential concerns about the pledging or hypothecation of shares by a key individual associated with the company.

The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited on April 01, 2026. It was addressed to the Audit & Risk Management Committee of Vedanta Limited. The communication was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Context

Regulation 31(4) of the SEBI Takeover Regulations mandates disclosures regarding any encumbrance on shares held by persons who are required to make open offers. Ankit Agarwal's confirmation states that no such encumbrance was made during the specified financial year.

Disclosure Details

The letter was dispatched from Ankit Agarwal's address in Pune, Maharashtra, and formally submitted to the exchanges for record-keeping purposes.

Vedanta Limited has approved the extension of Mr. Arun Misra's tenure as an Executive Director for a period of two months, effective from June 01, 2026, to July 31, 2026, subject to shareholder approval. The Board of Directors approved this interim measure to ensure continuity of leadership and seamless business operations amidst broader organisational transitions within the Group. Mr. Misra serves as the CEO of Vedanta's Zinc Business and leads Hindustan Zinc Limited, a subsidiary of the company.

The extension follows a recommendation by the Nomination & Remuneration Committee. Mr. Misra is not related to any other Director of the company inter-se as per Section 2(77) of the Companies Act, 2013. He is also not debarred from holding the office of Director by SEBI or any other authority, as confirmed in accordance with a circular dated June 20, 2018, issued by the Stock Exchanges.

Senior Management Changes

The Board also took note of changes in Senior Management Personnel (SMP) resulting from a demerger. Consequently, the position of CEO – Aluminium Business ceased to be an SMP position of the company. Mr. Rajiv Kumar has ceased to be an SMP of the company with immediate effect due to this restructuring.

Profile of Mr. Arun Misra

Mr. Arun Misra was appointed as an Executive Director effective August 01, 2023. He brings over 35 years of experience, having held various strategic positions at Tata Steel, including Vice President - Raw Materials Division. He holds a bachelor's degree in electrical engineering from IIT, Kharagpur, and diplomas in Mining and Beneficiation and General Management.

The Board meeting was held on Friday, May 29, 2026, commencing at 03:40 pm IST and concluding at 03:50 pm IST. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.