Vedanta has successfully completed a major fundraising initiative through the private placement of non-convertible debentures, with the Committee of Directors approving the allotment of substantial capital to support its business operations and strategic objectives.

Committee Approval and Allotment Details

The Committee of Directors has approved the allotment of 2,57,500 non-convertible debentures through a private placement exercise. The approval was accorded at 11:11 AM IST, with the fundraising details presented below:

Regulatory Compliance and Documentation

The allotment has been executed in accordance with Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about this significant corporate action through official communication. The intimation was made in continuation to the company's earlier letter dated February 25, 2026, ensuring complete regulatory compliance.

Strategic Capital Raising Impact

This private placement of NCDs represents a substantial capital raising exercise for Vedanta, with the fundraising amount totaling Rs 25,750 crores. The non-convertible debentures are structured as unsecured, redeemable, rated, and listed instruments, providing the company with access to long-term funding while offering investors fixed returns. The successful completion of this fundraising demonstrates strong investor confidence in Vedanta's business prospects and financial management capabilities.

Financial Structure Enhancement

The allotment of 2,57,500 NCDs worth Rs 25,750 crores will significantly strengthen Vedanta's capital structure by providing substantial financial resources. Private placements offer companies the advantage of raising capital efficiently from institutional investors without the complexities of public offerings, allowing Vedanta to access debt capital while maintaining operational flexibility and supporting its ongoing business requirements.

Vedanta Limited has released its comprehensive monthly business update for February 2026, highlighting significant achievements in sustainability initiatives, mining expansion, and operational excellence across its diversified portfolio.

Green Certifications Drive Sustainability Portfolio

The company achieved three major green certifications across four sites during the quarter, reinforcing its commitment to sustainable operations. These certifications span two product categories and demonstrate a GHG impact of less than 4 tCO₂e/MT across certified operations.

The certifications strengthen Vedanta's sustainability portfolio across products, operations, and innovation, supporting the company's focus on low-carbon products and circular economy principles.

Strategic Presence at Mining Indaba 2026

Vedanta showcased a strong presence at Investing in African Mining Indaba 2026, championing its vision of the "Ubuntu of Natural Resources" to strengthen India–Africa collaboration in critical minerals and responsible value creation. The company's participation emphasized its commitment to international partnerships and sustainable mining practices.

Critical Metals for Energy Transition

The company highlighted its strategic position in India's energy transition through its comprehensive metals portfolio. As the sole producer of primary nickel in India, Vedanta supplies nickel sulphate for lithium-ion batteries, addressing the growing demand from electric vehicle manufacturers. The company also maintains its position as India's largest aluminium producer and ranks among the top 5 global aluminium producers.

Major Business Developments

Several significant business milestones were achieved during February 2026:

• Mining Expansion: Vedanta emerged as the preferred bidder for the Karnapodikonda bauxite block in Odisha, significantly strengthening its raw material security
• Financial Strength: Meenakshi Energy secured strong debut ratings of AA-/A1+ (Watch Developing) from CRISIL, reflecting improved capital structure
• Operational Excellence: Vedanta Aluminium scaled up billet capacity to 830,000 TPA at Jharsuguda, strengthening its global footprint and value-added product portfolio
• Innovation: Hindustan Zinc and JNCASR developed advanced zinc-ion battery prototypes, marking progress in India's low-cost, scalable energy storage innovation
• Recognition: Hindustan Zinc ranked in the top 1% globally in the S&P Sustainability Yearbook 2026, marking its ninth consecutive recognition

Workforce Development and Diversity

The company demonstrated its commitment to workforce diversity by deploying Odisha's first all-women power operations team at Jharsuguda ahead of Women's Day 2026, showcasing its focus on inclusive growth and gender equality in traditionally male-dominated sectors.

The February 2026 business update reflects Vedanta's integrated approach to performance, portfolio expansion, and purpose-driven operations, positioning the company as a key player in India's sustainable industrial development.