Vedanta Limited's equity shares continue to remain subject to encumbrance following a regulatory disclosure filed on 15 May 2026 by Kroll Trustee Services (HK) Limited (formerly, Madison Pacific Trust Limited), acting in its capacity as agent under an amended facility agreement for the benefit of the lenders. The disclosure has been made under Regulation 29(1) read with Regulation 29(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover Regulations").

Amended Facility Agreement: Key Details

The disclosure references an earlier filing dated 02 February 2026, which pertained to a facility agreement dated 30 January 2026 for a total commitment of US$ 350,000,000. That facility agreement has since been amended and supplemented through an amended and restatement deed dated 13 May 2026 ("Amended Facility Agreement"), increasing the total commitment to US$ 600,000,000. The key parameters of the Amended Facility Agreement are summarised below:

Lender Composition

The Amended Facility Agreement involves both existing and newly joining lenders. The present lenders and joining lenders are as follows:

Present Lenders:

• DB International (Asia) Limited
• First Abu Dhabi Bank PJSC
• JPMorgan Chase Bank, N.A., London Branch
• Mashreqbank PSC
• National Development Bank PLC
• Standard Chartered Bank (Mauritius) Limited
• Standard Chartered Bank (Singapore) Limited

Joining Lenders:

• Bank of Maharashtra IFSC Banking Unit
• Sumitomo Mitsui Banking Corporation Singapore Branch

Nature of Encumbrances

Pursuant to the Amended Facility Agreement, the following encumbrances have been created or continued on the equity shares of Vedanta Limited:

• A negative lien has been created on the shares of Vedanta Limited held or to be held by the Obligors, including TSHL, VHMLII, and Welter, or any Material Subsidiary.
• The Obligors and any other member of the VRL Group are not permitted to create any further encumbrance over shares directly or indirectly held or to be acquired in Vedanta Limited.
• VRL and its direct or indirect subsidiaries (the "VRL Group") are required to retain control over Vedanta Limited or, directly or indirectly, own at least 50.1% of the issued equity share capital of Vedanta Limited.

The encumbrances contemplated under the Amended Facility Agreement continue the existing encumbrance structure created pursuant to the original Facility Agreement.

Shareholding and Encumbrance Details

The following table presents the encumbrance position before and after the acquisition, as disclosed under Part A of the Regulation 29(1) filing:

As noted in the disclosure, the Agent holds an existing encumbrance over the same shares of Vedanta Limited pursuant to earlier facility agreements dated 17 April 2025 and 24 June 2025, in addition to the current Amended Facility Agreement. Since the encumbrances are on the same shares, the before-acquisition and after-acquisition details remain unchanged.

Regulatory Basis for Disclosure

Given the nature of the conditions and arrangements under the Amended Facility Agreement, the encumbrances and other conditions are considered likely to fall within the definition of the term encumbrance as provided under Chapter V of the Takeover Regulations. Accordingly, this disclosure has been made under Regulation 29(1) read with Regulation 29(4) of the Takeover Regulations. The disclosure was signed by Michelle Shek, Director, Kroll Trustee Services (HK) Limited, from Singapore, on 15 May 2026.

Vedanta Ltd. recorded a significant block trade on the National Stock Exchange (NSE), with approximately 1,636,194 shares transacted at a price of Rs. 331.40 per share. The total deal size amounted to Rs. 54.22 crores, marking a notable single transaction in the company's trading activity.

Block Trade Details

The following table summarises the key parameters of the NSE block trade:

About Block Trades

Block trades are large-volume transactions typically executed between institutional investors or significant market participants. Such deals are generally conducted outside the regular order book to minimise market impact and are considered an important indicator of institutional interest in a particular stock.