Vedanta releases encumbrance on HZL shares after loan prepayment
HINDZINC · price
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On the reaction day the stock moved 1.4 pts less than Nifty 100 and in line with its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Vedanta Limited released encumbrance on Hindustan Zinc shares after prepaying a loan facility on June 17, 2026. Encumbered shares dropped from 232.6 crore (55.04%) to 211.7 crore (50.10%), a fall of nearly 5%. Vedanta continues to hold 60.71% in HZL as promoter. The minimum 50.1% holding clause in the loan terms is why some encumbrance still remains.
Lower encumbrance reduces risk on pledged shares; Vedanta retains full control of HZL at 60.71%.