Vedanta encumbers 50.1% of HZL shares for new debentures

Pledge Above 50pctOwnership Changes View source PDF Explain this filing

HINDZINC · price

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

Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹555.05

prior close

₹560.00

announcement price

In-mkt

timing

Nifty 100market+0.5%+0.5% vs market

Non - Ferrous Metals peers, median of 20sector · industry level+0.2%+0.9% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty 100 and 0.9 pts more than its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.1

15m

+0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+0.5+0.5+0.2+0.9

Next day

+0.8+1.6-0.8+1.3-0.5

-0.7+0.8-1.4+1.8-2.5

-4.2-1.1-3.1+0.6-4.8

-2.4+0.1-2.6+0.5-2.9

-1.5-0.4-1.1-0.9-0.5

-2.7+0.7-3.4-2.9+0.2

15d

-11.3+0.7-12.0-7.0-4.2

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UpDownMarket · Nifty 100Sector · Non - Ferrous Metals peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Vedanta Limited, promoter of Hindustan Zinc, created encumbrance (non-disposal undertaking) on 2,11,68,84,819 HZL shares (50.10% of share capital) in favour of Axis Trustee Services. This is linked to 2000 crore rupees unsecured non-convertible debentures issued on September 28, 2026. Vedanta must remain direct owner of 50.1% of HZL till full redemption. Total encumbered promoter shares now stand at 2,222,674,417 (52.60% of total share capital, 86.64% of promoter holding).

Likely market impact

More encumbrance on Vedanta HZL stake limits flexibility. Continued borrowing against HZL shares could pressure stock if debt tightens.