NSEAgreements4d ago · 18 Jul 2026, 06:44 pm
Agreements
Vedanta Oil and Gas Limited · VOGL
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Vedanta Oil and Gas Limited has informed the Exchange about Agreements related to a bridge facility agreement dated July 15, 2026, between Twin Star Holdings Ltd., Vedanta Resources Limited, Vedanta Holdings Mauritius II Limited, Welter Trading Limited, and other entities.
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Vedanta Oil and Gas Limited has informed the Exchange about Agreements
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VOGL_18072026184127_VOGL-Reg_30A_Disclosure_Signed.pdf
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VOGL/Sec./SE/2026-27/12 Date: July 18, 2026
To To
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers “Exchange Plaza” Plot No C/1, G Block
Dalal Street, Fort Bandra Kurla Complex, Bandra (East)
Mumbai - 400 001 Mumbai- 400051
BSE Scrip Code: 544782 N SE Scrip Code: VOGL
Subject: Intimation under Regulations 30 and 30A of the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as
amended from time to time (“LODR”) read with Clause 5A, Para A, Part A, Schedule
III of the LODR and relevant SEBI Master Circular
Dear Sir/Ma’am
This is to inform that Vedanta Oil and Gas Limited (“VOGL”) (formerly known as Malco Energy Limited)
has received an intimation under Regulation 30A of the LODR read with Clause 5A, Para A, Part A,
Schedule III of the LODR from Twin Star Holdings Ltd., Vedanta Resources Limited (“VRL”), Vedanta
Holdings Mauritius II Limited and Welter Trading Limited (as the promoter group entities of VOGL) on
July 17, 2026, at 11:39 PM (IST). (“30A Intimation”).
The information required to be disclosed by VOGL pursuant to its obligations under Regulations 30
and 30A of the LODR read with Clause 5A, Para A, Part A, Schedule III of the LODR, subsequent to the
receipt of the 30A Intimation, is enclosed herewith as Annexure A.
We request you to kindly take the above information on record.
Thanking you.
Yours sincerely,
For Vedanta Oil and Gas Limited
(Formerly known as Malco Energy Limited)
Shivangi Dhanuka
Company Secretary and Compliance Officer
Membership No.: A 70586
ANNEXURE A
Disclosure under Regulations 30 and 30A of the LODR read with Clause 5A, Para A, Part A, Schedule
III of the LODR and the Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued by
SEBI on January 30, 2026
# Particulars Details
a) If the listed entity is a party to the Vedanta Oil and Gas Limited (“VOGL”) (formerly
agreement: known as Malco Energy Limited) is not a party to the
i. Details of the counterparties bridge facility agreement dated July 15, 2026
(including name and relationship with (“Facility Agreement”). Therefore, not applicable.
the listed entity)
There are certain ‘identified clauses’ of the Facility
Agreement that are effective and applicable from the
first Utilisation Date (as defined under the terms of
the Facility Agreement) in relation to any members of
the Group listed in India, including VOGL. Certain
other covenants (as set out in paragraph (g)(B) below)
under the Facility Agreement affecting VOGL as a
member of the Group are effective from the date of
execution of the Facility Agreement.
b) If listed entity is not a party to the The following entities are party to the Facility
agreement: Agreement:
i. Name of the party entering into such
an agreement and the relationship Name of the Party Relationship with
with the listed entity Vedanta Oil and Gas
ii. Details of the counterparties to the Limited
agreement (including name and Borrower
relationship with the listed entity) Twin Star Holdings Ltd. It is a related party of
VOGL.
It is classified as a
member of the promoter
group of VOGL, holding
40.02% shares in VOGL.
Guarantor
Vedanta Resources It is a related party of
Limited VOGL.
It is classified as a
member of the promoter
group of VOGL, with no
# Particulars Details
direct shareholding in
VOGL.
Vedanta Holdings It is a related party of
Mauritius II Limited VOGL.
It is classified as a
member of the promoter
group of VOGL, holding
12.60% shares in VOGL.
Welter Trading Limited It is a related party of
VOGL.
It is classified as a
member of the promoter
group of VOGL, holding
0.98% shares in VOGL.
Agent
Glas Agency (Hong It is not a related party of
Kong) Limited or related to VOGL.
Arrangers/ Lenders
Citibank, N.A. (Original It is not a related party of
Lender) or related to VOGL.
Citigroup Global It is not a related party of
Markets Asia Limited or related to VOGL.
(Arranger)
Standard Chartered It is not a related party of
Bank (Arranger and or related to VOGL.
Original Lender)
iii. Date of entering into the agreement The Facility Agreement was entered into on July 15,
2026.
There are certain ‘identified clauses’ of the Facility
Agreement that are effective and applicable from the
first Utilisation Date (as defined under the terms of
the Facility Agreement) in relation to any members of
the Group listed in India, including VOGL. Certain
other covenants (as set out in paragraph (g)(B) below)
under the Facility Agreement affecting VOGL as a
member of the Group are effective from the date of
execution of the Facility Agreement.
# Particulars Details
c) Purpose of entering into the agreement The Facility Agreement have been entered into, inter
alia, for -
(i) repayment of, and payment of interest and other
amounts accrued on, Financial Indebtedness of
the VRL Group (including amounts outstanding in
respect of the Refinanced Existing Loans);
(ii) payment of any fees, costs and expenses incurred
in connection with the transactions
contemplated under the Finance Documents;
(iii) general corporate purposes of the VRL Group,
provided that no proceeds may be used to
finance or refinance thermal coal infrastructure,
used in violation of applicable law (including Anti-
Bribery and Corruption Laws or Sanctions), or
remitted to India.
d) Shareholding, if any, in the entity with VOGL does not have any shareholding in any of the
whom the agreement is executed entities that are party to the Facility Agreement.
e) Significant terms of the agreement (in The Facility Agreement has been entered into for a
brief) total commitment aggregating US$ 1,000,000,000
entered between the parties as set out in paragraph
(b) above.
The Facility Agreement provides for standard
representations (such as necessary power and
authority to execute and undertake actions as
required, non-conflict with other obligations, etc.),
warranties, covenants (including affirmative
covenants, negative covenants and information
covenants) which the Obligors have agreed in order
to provide protection to the Lenders.
Customary to a transaction of such a nature, the
Facility Agreement include standard events of
default such as non-payment, insolvency and
insolvency proceedings, unlawfulness and
unenforceability, etc.
f) Extent and the nature of impact on No direct impact on the management or control of
management or control of the listed VOGL.
entity
Encumbrances have been created over the shares of
VOGL, in terms of the Facility Agreement and related
finance documents, and such encumbrance(s) have
# Particulars Details
been disclosed in the form and manner specified
under the Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeovers)
Regulations, 2011, as amended from time to time
(“Takeover Regulations”).
Disclosures submitted pursuant to the Facility
Agreement as on date under the Takeover
Regulations: The required disclosures under
Regulation 29(1) of the Takeover Regulations and
under Regulation 31 of the Takeover Regulations
required to be made pursuant to the Facility
Agreement, have been made, in accordance with the
timelines prescribed under Applicable Law.
g) Details and quantification of the No liabilities have been imposed on VOGL.
restriction or liability imposed upon the
listed entity The quantification of the restrictions imposed on
VOGL by way of the Facility Agreement is not
ascertainable as they are in the nature of covenants.
Pursuant to the terms of the Facility Agreement, the
Borrower and the Guarantors have agreed to ensure,
in their capacity as members of the promoter group
of VOGL, that VOGL shall not undertake the following
actions / activities unless permitted within the
parameters of the Facility Agreement and / or with
the consent of the requisite Lenders. The restrictions
set out below are categorised based on when they
become effective and applicable to VOGL:
(A) Restrictions constituting “identified clauses” (as
defined in the Facility Agreement) –
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