NSEAgreements3d ago · 23 Jul 2026, 06:20 pm

Agreements

Hindustan Zinc Limited · HINDZINC

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Hindustan Zinc Limited has informed the Exchange about Agreements related to a facility agreement dated July 20, 2026, between Twin Star Holdings Ltd., Vedanta Resources Limited, Vedanta Holdings Mauritius II Limited, and Welter Trading Limited, as related parties of HZL, and various banks and financial institutions.

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Governance Concern3/10
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Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Hindustan Zinc Limited has informed the Exchange about Agreements

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HINDZINCNSE_23072026182035_HZL_Disclosure_-_Reg_30_-5A-_Term_Facility.pdf

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HZL/2026-27/SECY/59 July 23, 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 Trading 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 22, 2026 at 08:15 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 20, 2026 (“Facility i. Details of the counterparties (including Agreement”). Therefore, not applicable. 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 with the Name of the Party Relationship with 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., Hong It is not a related party of Kong Branch (Original or related to HZL. Lender) 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) Barclays Bank PLC It is not a related party of (Arranger and Original or related to HZL. Lender) DB International (Asia) It is not a related party of Limited (Arranger and or related to HZL. Original Lender) First Abu Dhabi Bank It is not a related party of PJSC (Arranger and or related to HZL. Original Lender) First Abu Dhabi Bank It is not a related party of PJSC, Gift City Branch or related to HZL. (Arranger and Original Lender) # Particulars Details J.P. Morgan Securities It is not a related party of (Asia Pacific) Limited or related to HZL. (Arranger) JPMorgan Chase Bank, It is not a related party of N.A., London Branch or related to HZL. (Original Lender) Mashreq Bank PSC, It is not a related party of IFSC Banking Unit, Gift or related to HZL. City Branch (Arranger and Original Lender) Standard Chartered It is not a related party of Bank (Mauritius) or related to HZL. Limited (Original Lender) Sumitomo Mitsui It is not a related party of Banking Corporation or related to HZL. Singapore Branch (Arranger and Original Lender) iii. Date of entering into the agreement The Facility Agreement was entered into on July 20, 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 has 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 whom HZL does not have any shareholding in any of the the agreement is executed entities that are party to the Facility Agreement. e) Significant terms of the agreement (in brief) The Facility Agreement has been entered into for a total maximum commitment aggregating US$ 2,250,000,000 entered between the parties as set out in paragraph (b) above. 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 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 includes standard events of # Particulars Details 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 entity HZL. g) Details and quantification of the restriction No liabilities has been imposed on HZL. or liability imposed upon the listed entity The quantification of the re [Showing first 8,000 characters — download PDF for full document]