Hindustan Zinc Limited disclosed to stock exchanges on January 02, 2026, regarding a significant facility agreement entered into by its related parties. The company received intimation under Regulation 30A of SEBI LODR from multiple related entities on January 01, 2026, at 09:58 PM IST.

Facility Agreement Structure

The facility agreement dated December 30, 2025, involves multiple parties within the Vedanta group structure, with Hindustan Zinc Limited not being a direct party to the arrangement.

Financial Terms and Purpose

The facility agreement provides for financing up to USD 80.00 million. The facility serves multiple specific purposes as outlined in the agreement terms.

Primary Uses of Facility:

• Part repayment of intercompany loan availed by Twin Star Holdings Limited from VRL Group
• Payment of interest and other amounts accrued on the intercompany loan
• Payment of interest, fees, costs and expenses related to the finance documents
• Ensuring no proceeds are routed to India

Operational Restrictions on Hindustan Zinc

While Hindustan Zinc Limited is not a direct party to the facility agreement, certain operational restrictions apply to the company effective from the first utilization date.

Key Restriction:

• Amendment of constitutional documents that affects lender rights or has material adverse effect under the facility agreement requires lender consent or must fall within permitted parameters

The facility agreement includes standard representations, warranties, and covenants typical for such transactions, along with customary events of default including non-payment, insolvency proceedings, and unenforceability provisions.

Impact Assessment

The restrictions become effective from the first utilization date as defined under the facility agreement terms. The company emphasized that the quantification of restrictions is not ascertainable due to their covenant-based nature rather than specific monetary obligations.

Hindustan Zinc Limited has informed stock exchanges about a penalty levied on its promoter company Vedanta Limited by tax authorities. The latest disclosure was made on December 30, 2025, in compliance with regulatory requirements under SEBI Listing Regulations.

Updated Regulatory Disclosure Details

The company filed the disclosure pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Specifically, the disclosure was made under Clause 20 of Para A of Part A of Schedule III, which pertains to material events that could impact the company.

Promoter Company Impact

Vedanta Limited, which serves as both the promoter and holding company of Hindustan Zinc Limited, received the penalty from the office of Joint Commissioner, CT & GST Circle, Jharsuguda. This represents an updated disclosure following the earlier penalty notification from Bangalore authorities. The penalty details were disclosed by Vedanta Limited to the stock exchanges on December 30, 2025.

Compliance and Transparency

The disclosure demonstrates continued adherence to regulatory transparency requirements. Hindustan Zinc Limited has ensured that all stakeholders are informed about material developments affecting its promoter company that could have implications for the subsidiary.

Document Availability

The complete disclosure documentation is accessible through multiple channels for investor reference. The information has been made available on the websites of both BSE and NSE, as well as on Vedanta Limited's dedicated investor relations portal at https://www.vedantalimited.com/eng/investor-relations-stock-exchange-announcements.php .

The disclosure was signed by Aashhima V Khanna, Company Secretary and Compliance Officer of Hindustan Zinc Limited, ensuring proper authorization and compliance with corporate governance standards.