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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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
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