SBICAP Trustee reports release of 24.10% Hindustan Zinc encumbrance

SBICAP Trustee Company, acting as Security Trustee for lenders to Vedanta Limited, released Non-Disposal Undertaking (NDU) on 1,01,83,01,879 shares of Hindustan Zinc, equal to 24.10 percent of paid-up capital, on 31 August 2026. Before release, STCL held encumbrance (NDU) on 2,22,00,14,154 HZL shares (52.54 percent). Post release, encumbrance stands at 1,20,17,12,275 shares (28.44 percent), comprising 2.44 percent pledged and 26.00 percent NDU continuing. Vedanta remains the promoter and underlying owner; the release frees up part of its HZL holdings from the encumbrance.