Vedanta Limited has announced a significant divestment decision involving its stake in Hindustan Zinc Limited. The company's Committee of Directors has approved the sale of a substantial portion of its HZL holdings through the stock exchange mechanism.

Committee Approval and Transaction Details

The duly authorized Committee of Directors of Vedanta Limited approved the sale on January 27, 2026, at around 04:15 PM IST. The transaction involves the disposal of equity shares through an offer for sale mechanism conducted via stock exchanges.

Regulatory Compliance Framework

The sale will be conducted in accordance with applicable laws and regulations governing such transactions. Vedanta Limited has ensured compliance with the circulars issued by the Securities and Exchange Board of India and the stock exchanges for offer for sale transactions.

The company has made this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. This regulation mandates listed companies to disclose material events and information that could impact investor decisions.

Transaction Structure and Mechanism

The divestment will be executed through the stock exchange mechanism, which provides transparency and fair price discovery for such transactions. The offer for sale route allows existing shareholders to sell their holdings to public investors through the exchange platform, ensuring regulatory oversight and market-driven pricing.

The transaction represents a strategic decision by Vedanta Limited to optimize its portfolio holdings. The sale of up to 6,70,00,000 HZL shares will be conducted following established market procedures and regulatory guidelines to ensure proper execution and compliance with all applicable requirements.

Vedanta has announced a significant oil discovery at its Ambe-2A well, marking an important milestone in the company's exploration activities. This development represents a notable achievement for the diversified natural resources company as it continues to expand its hydrocarbon portfolio.

Oil Discovery Details

The company has successfully identified oil reserves at the Ambe-2A well location. This discovery adds to Vedanta's existing oil and gas assets and demonstrates the effectiveness of the company's exploration strategy in identifying new hydrocarbon resources.

Strategic Significance

The oil find at Ambe-2A represents an important development for Vedanta's energy division. Oil discoveries are crucial for companies in the hydrocarbon sector as they help:

• Expand proven reserves
• Enhance production capabilities
• Strengthen market position
• Support long-term growth objectives

Company Operations

Vedanta operates across multiple sectors including oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium. The company's oil and gas operations form a significant part of its diversified portfolio, with exploration and production activities being key focus areas for sustainable growth.

This latest discovery at Ambe-2A underscores Vedanta's commitment to expanding its hydrocarbon reserves through systematic exploration efforts. The company continues to invest in identifying and developing new oil and gas resources to support its operational requirements and market objectives.