The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 22, 2026 for Twin Star Holdings Ltd & Others

Date: July 22, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort Bandra-Kurla-Complex, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 E-mail: corp.relations@bseindia.com Email: takeover@nse.co.in Vedanta Aluminium Metal Limited C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra, India – 400 093 E-mail: vaml.sect@vedanta.co.in Dear Sir/Madam, Subject: Disclosure under Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”). This disclosure is being made by Vedanta Resources Limited (“VRL”) in relation to creation of encumbrance (as defined under Chapter V of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”)) over the equity shares of Vedanta Aluminium Metal Limited (“VAML”) held by its direct and indirect subsidiaries i.e. Twin Star Holdings Ltd. (“TSHL”), Welter Trading Limited (“Welter”), Vedanta Holdings Mauritius Limited (“VHML”), Vedanta Holdings Mauritius II Limited (“VHMLII”) and Vedanta Netherlands Investments B.V (“VNIBV”) in terms of the facility agreement dated July 20, 2026 for a total maximum commitment aggregating US$ 2,250,000,000 executed inter alios, amongst TSHL (as the borrower), VRL, VHMLII and Welter (as the guarantors), Barclays Bank PLC, Citigroup Global Markets Asia Limited, DB International (Asia) Limited, First Abu Dhabi Bank PJSC, First Abu Dhabi Bank PJSC, Gift City Branch, J.P. Morgan Securities (Asia Pacific) Limited, Mashreq Bank PSC, IFSC Banking Unit, Gift City Branch, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation Singapore Branch (as the arrangers), Barclays Bank PLC, Citibank, N.A., Hong Kong Branch, DB International (Asia) Limited, First Abu Dhabi Bank PJSC, First Abu Dhabi Bank PJSC, Gift City Branch, JP Morgan Chase Bank, N.A., London Branch, Mashreq Bank PSC, IFSC Banking Unit, Gift City Branch, Standard Chartered Bank, Standard Chartered Bank (Mauritius) Limited and Sumitomo Mitsui Banking Corporation Singapore Branch (as the original lenders) and GLAS Agency (Hong Kong) Limited (as the agent and the security agent) (“Facility Agreement”). Pursuant to the Facility Agreement, inter alia: (i) no Obligor (which includes TSHL, VRL, VHMLII and Welter) shall create or permit to subsist any security or quasi security over the shares of VAML; (ii) No member of VRL group (VRL and its (direct and indirect) subsidiaries) shall create or permit to subsist any security or quasi-security over the shares owned by them (directly or indirectly) in an Obligor which owns shares in VAML; (iii) VRL group is required to retain control over VAML or, directly or indirectly, own at least 50.1% of the issued equity share capital of VAML; (collectively, the “Encumbrances”). Vedanta Resources Limited (Registered in England & Wales No. 04740415) Registered Office: C/O CSC CLS (UK) Limited, 5 Churchill Place, 10th Floor, London, United Kingdom, E14 5HU Corporate Office: 30 Berkeley Square, London, W1J 6EX Tel: +44 (0) 20 7499 5900 | Fax: +44 (0) 20 7491 8440 | Website: www.vedantaresources.com Given the nature of conditions and/or arrangements under the Facility Agreement, the Encumbrances and other conditions therein are likely to fall within the definition of the term ‘encumbrance’ provided under Chapter V of the Takeover Regulations. For completeness, it is clarified that no pledge has been created by VRL or its subsidiaries over the equity shares of VAML in relation to the Facility Agreement. As on the date of this disclosure, the commitment of the original lenders is US$ 1,545,000,000 with increase commitment of up to US$ 705,000,000 available from one or more increase lender executing an increase lender accession agreement under the terms of the Facility Agreement. This disclosure is in relation to the total maximum commitments of US$ 2,250,000,000, inclusive of increase mechanism under the Facility Agreement. The enclosed disclosure is being made under Regulation 31 read with Securities and Exchange Board of India's Master circular dated February 16, 2023, bearing reference no. SEBI/HO/CFD/PoD-1/P/CIR/2023/31 in relation to the above considering the definition of the term "encumbrance" for the purposes of Chapter V of the Takeover Regulations. Yours faithfully, For and on behalf of Vedanta Resources Limited and its aforementioned subsidiaries Authorised Signatory Encl.: a/a Vedanta Resources Limited (Registered in England & Wales No. 04740415) Registered Office: C/O CSC CLS (UK) Limited, 5 Churchill Place, 10th Floor, London, United Kingdom, E14 5HU Corporate Office: 30 Berkeley Square, London, W1J 6EX Tel: +44 (0) 20 7499 5900 | Fax: +44 (0) 20 7491 8440 | Website: www.vedantaresources.com ANNEXURE – 1 Disclosure by the Promoters to the Stock Exchanges and to the Target Company for encumbrance of shares/invocation of encumbrance/release of encumbrance, in terms of Regulations 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Vedanta Aluminium Metal Limited Names of the stock exchanges where the shares of the target company are listed BSE Limited and National Stock Exchange of India Limited Date of reporting July 22, 2026 1. TWIN STAR HOLDINGS LTD 2. WELTER TRADING LIMITED Names of the promoters or PAC on whose shares encumbrance has been created/ released/ invoked 3. VEDANTA HOLDINGS MAURITIUS LIMITED 4. VEDANTA HOLDINGS MAURITIUS II LIMITED 5. VEDANTA NETHERLANDS INVESTMENTS B.V. Details of the creation of encumbrance: Post event holding of Promoter holding in the Promoter holding Details of events pertaining to encumbrance encumbered shares target company (1) already encumbered (2) (3) {creation [(2)+(3)]/release [(2)-(3)]/invocation [(1)-(3)]} Name of the promoter(s) Date of or PACs with him* Type of event Type of encumbrance Name of the entity % of % of total % of total creation/ % of (creation / (pledge/ lien/ non Reasons for in whose favour total Number share Number share release/ Number share Number release / disposal encumbrance** shares encumbered share capital capital invocation of capital invocation) undertaking/ others) *** capital encumbrance Pravin Agarwal 1,000 0.00 Nil Nil - - - - - - - - - Suman Didwania 87,696 0.00 Nil Nil - - - - - - - - - Ankit Agarwal 36,300 0.00 Nil Nil - - - - - - - - - Sakshi Mody 18,000 0.00 Nil Nil - - - - - - - - - Anil Agarwal - - - - - - - - - - - - - Navin Agarwal - - - - - - - - - - - - - Kiran Agarwal - - - - - - - - - - - - - Priya Agarwal - - - - - - - - - - - - - Pratik Agarwal - - - - - - - - - - - - - Hare Krishna Packaging - - - - - - - - - - - - - Private Limited Vedanta Resources Limited, - - - - - - - - - - - - - Finsider International - - - - - - - - - - - - - Company Limited 1,564,805,858 Twin Star Holdings Ltd. 1,564,805,858 40.02 1,564,805,858 40.02 (Please refer to the 40.02 1,564,805,858 40.02 Note 1 below) 38,241,056 GLAS Agency (Hong Welter Trading Limited 38,241,056 0.98 38,241,056 0.98 July 20, 2026 (Please refer to the 0.98 38,241,056 0.98 Kong) Limited, (date of Note 1 below) acting for the Creation of execution of the Others Please refer to 107,342,705 Vedanta Holdings Mauritius benefit of the 107,342,705 2.75 107,342,705 2.75 encumbrance Facility (Please refer to the the Note 1 (Please refer to the 2.75 107,342,705 2.75 Limited Lenders under the Agreement) Note 1 below) below Note 1 below) Facility Agreement (Please refer to 492,820,420 Vedanta Holdings Mauritius (Please refer to the 492,820,420 12.60 492,820,420 12.60 Note 1 below) (Please refer to the 12.60 492,820,420 12.60 II Limited Note 1 below) Note 1 below) 1,514,714 Vedanta Netherlands 1,514,714 0.04 1,514,714 0.04 (Please refer to the 0.04 1,514,714 0.04 Investments B.V. Note 1 below) Vedanta UK Investments - - - - - - - - - - - - - Limited Westglobe Limited - [Showing first 8,000 characters — download PDF for full document]