NSEAgreements4d ago · 18 Jul 2026, 05:43 pm

Agreements

Hindustan Zinc Limited · HINDZINC

✦ AI SummaryRelated Party

Hindustan Zinc Limited has informed the Exchange about an agreement with Twin Star Holdings Ltd, Vedanta Resources Limited, Vedanta Holdings Mauritius II Limited, and Welter Trading Limited for a facility agreement dated July 15, 2026, for a total commitment of US$ 1,000,000,000.

Analysis Scores

Earnings Impact0/10
Growth Catalyst0/10
Governance Concern2/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Hindustan Zinc Limited has informed the Exchange about Agreements

Attachments (1)

📄

HINDZINCNSE_18072026174321_SE_Intimation_-Reg_30A_Disclosure.pdf

pdf

Download →
View document text
July 18, 2026 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 Scrip Code: 500188 T rading Symbol: HINDZINC Dear Sir/Ma’am Sub: Intimation under Regulations 30 and 30A of 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 This is to inform that Hindustan Zinc Limited (“HZL”) 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 Vedanta Limited) (as related parties of HZL) on July 17, 2026 at 11:19 PM (IST) (“30A Intimation”). The information required to be disclosed by HZL 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 faithfully, For Hindustan Zinc Limited Aashhima V Khanna Company Secretary & Compliance Officer 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 Hindustan Zinc Limited (“HZL”) is not a party to the agreement: facility agreement dated July 15, 2026 (“Facility i. Details of the counterparties Agreement”). Therefore, not applicable. (including name and relationship with 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 HZL. Certain other covenants (as set out in paragraph (g)(B) below) under the Facility Agreement affecting HZL 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 Hindustan Zinc Limited ii. Details of the counterparties to the Borrower agreement (including name and Twin Star Holdings Ltd. It is a related party of relationship with the listed entity) HZL. It is classified as a member of the promoter group of Vedanta Limited (VEDL), which is the holding company of HZL. Guarantor Vedanta Resources It is a related party of Limited HZL. It is classified as a member of the promoter group of Vedanta Limited (VEDL), which is the holding company of HZL. # Particulars Details Vedanta Holdings It is a related party of Mauritius II Limited HZL. It is classified as a member of the promoter group of Vedanta Limited (VEDL), which is the holding company of HZL. Welter Trading Limited It is a related party of HZL. It is classified as a member of the promoter group of Vedanta Limited (VEDL), which is the holding company of HZL. Agent Glas Agency (Hong It is not a related party of Kong) Limited or related to HZL. Arrangers/ Lenders Citibank, N.A. (Original It is not a related party of Lender) or related to HZL. Citigroup Global It is not a related party of Markets Asia Limited or related to HZL. (Arranger) Standard Chartered It is not a related party of Bank (Arranger and or related to HZL. 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 HZL. Certain other covenants (as set out in paragraph (g)(B) below) under the Facility Agreement affecting HZL 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 HZL 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 provide 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 HZL. entity g) Details and quantification of the No liabilities have been imposed on HZL. restriction or liability imposed upon the listed entity # Particulars Details The quantification of the restrictions imposed on HZL 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 Vedanta Limited (VEDL), which is the holding company of HZL, that HZL 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 HZL: (A) Restrictions constituting “identified clauses” (as defined in the Facility Agreement) – effective and applicable only from the first Utilisation Date (under the Facility Agreement) in relation to HZL: (i) (subject to the carve-outs specified under the Facility Agreement) the creation of security over assets of HZL, or securing indebtedness of the promoter; (ii) (subject to the carve-outs specified under the Facility Agreement) the sale, transfer and disposal of assets of HZL which are not in the ordinary course; (iii) investment in or acquisition of material assets / business / shares by HZL in each case, which are assets / businesses not associated with mining, metals, coal, oil and gas exploration and/or production, infrastructure, power or energy industries; (iv) (subject to the carve-outs specified under the Facility Agreement) any Merger of HZL; (v) (subject to the provisi [Showing first 8,000 characters — download PDF for full document]