HINDZINCBSEHindustan Zinc LtdHighPositive
Announced Fri, 29 May · 13:04 IST

The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 28, 2026 for Vedanta Ltd

Pledge ReleasedOwnership Changes View source PDF

HINDZINC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹649.55
prior close
₹645.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.4-0.3-0.4-3.4-3.7-6.0-6.9-12.4-13.0-13.3-19.0
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AI summary

Vedanta Limited (promoter of Hindustan Zinc) has disclosed the full release of encumbrances over HZL shares following redemption of Non-Convertible Debentures on May 14, 2026. The encumbrances, originally created in May 2024 via a debenture trust deed by Vedanta's wholly owned subsidiary, included restrictions requiring Vedanta to maintain at least 50.1% holding in HZL. Vedanta's total holding remains unchanged at 60.71% (2,56,52,71,353 shares). Previously, 55.83% of HZL shares were encumbered; post-release, encumbered shares stand at 50.10%, reflecting the minimum holding covenant. Additionally, a pledge over 4,27,90,960 shares (1.01% of listed capital) created in May 2024 has been fully released following the debenture redemption.

Likely market impact

The release of encumbrances removes restrictions on HZL shares and strengthens Vedanta's flexibility over its stake. The promoter holding remains safely above the 50% threshold with a comfortable 10.6 percentage point buffer.