Disclosure under SEBI Takeover Regulations

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 Iron And Steel Limited 1st Floor, ‘C’ Wing Unit 103 Corporate Avenue, Atul Projects Chakala, Andheri (E) Mumbai – 400 093 E-mail: visl.cs@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 Iron and Steel Limited (“VISL”) 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 VISL; (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 VISL; (iii) if and when VISL becomes a Material Subsidiary of VRL, the VRL group is required to continue to control over VISL or, continue to own, directly or indirectly, at least 50.1% of the issued equity share capital of VISL; (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 VISL 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 ERUXENNA serahS noitisiuqcA laitnatsbuS( IBES )2(13 )1(13 snoitalugeR smret ,ecnarbmucne esaeler/ecnarbmucne noitacovni/serahs ecnarbmucne ynapmoC tegraT segnahcxE kcotS sretomorP erusolcsiD 1102 ,snoitalugeR )srevoekaT detimiL leetS norI atnadeV )CT( ynapmoC tegraT fo emaN detimiL aidnI egnahcxE kcotS lanoitaN detimiL detsil ynapmoc tegrat serahs eht erehw segnahcxe kcots fo semaN 6202 yluJ gnitroper fo etaD DTL SGNIDLOH RATS NIWT DETIMIL GNIDART RETLEW DETIMIL SUITIRUAM SGNIDLOH ATNADEV dekovni /desaeler /detaerc neeb ecnarbmucne serahs esohw sretomorp fo semaN DETIMIL SUITIRUAM SGNIDLOH ATNADEV .V.B STNEMTSEVNI SDNALREHTEN ATNADEV :ecnarbmucne noitaerc fo sliateD gnidloh tneve tsoP serahs derebmucne ecnarbmucne gniniatrep stneve sliateD gnidloh retomorP gnidloh retomorP esaeler/])3(+)2([ noitaerc{ derebmucne ydaerla ynapmoc tegrat noitacovni/])3(-)2([ )s(retomorp fo emaN etaD ytitne emaN ecnarbmucne epyT tneve epyT *mih htiw sCAP /noitaerc latot latot latot ruovaf esohw snosaeR /neil /egdelp( / noitaerc( rebmuN erahs rebmuN /esaeler erahs rebmuN erahs rebmuN erahs derebmucne serahs **ecnarbmucne lasopsid / esaeler latipac noitacovni latipac latipac latipac )srehto /gnikatrednu )noitacovni ecnarbmucne 00.0 000,1 lawragA nivarP 00.0 696,78 ainawdiD namuS 00.0 003,63 lawragA tiknA 00.0 000,81 ydoM ihskaS lawragA linA lawragA nivaN lawragA nariK lawragA ayirP lawragA kitarP gnigakcaP anhsirK eraH detimiL etavirP ,detimiL secruoseR atnadeV lanoitanretnI redisniF detimiL ynapmoC 858,508,465,1 20.04 858,508,465,1 20.04 refer esaelP( 20.04 858,508,465,1 20.04 858,508,465,1 .dtL sgnidloH ratS niwT )woleb etoN 650,142,83 gnoH( ycnegA SALG 89.0 650,142,83 89.0 refer esaelP( 6202 yluJ 89.0 650,142,83 89.0 650,142,83 detimiL gnidarT retleW ,detimiL )gnoK )woleb etoN etad( gnitca 507,243,701 refer esaelP srehtO noitucexe noitaerC tifeneb suitiruaM sgnidloH atnadeV 57.2 507,243,701 57.2 refer esaelP( 1 etoN refer esaelP( ytilicaF ecnarbmucne 57.2 507,243,701 57.2 507,243,701 rednu sredneL detimiL )woleb etoN woleb )woleb etoN )tnemeergA tnemeergA ytilicaF 024,028,294 refer esaelP( refer esaelP( suitiruaM sgnidloH atnadeV 06.21 024,028,294 06.21 refer esaelP( )woleb etoN 06.21 024,028,294 06.21 024,028,294 )woleb 1 etoN detimiL )woleb etoN 417,415,1 sdnalrehteN atnadeV 40.0 417,415,1 40.0 refer esaelP( 40.0 417,415,1 40.0 417,415,1 .V.B stnemtsevnI )woleb etoN stnemtsevnI atnadeV detimiL detimiL ebolgtseW ,detimiL gnidloH rethciR surpyC surpyC secruoseR atnadeV )surpyC ,LCRV( detimiL secruoseR atnadeV ,LHRV( detimiL sgnidloH detimil KU ecnaniF atnadeV )LUFV( yesreJ sgnidloH atnadeV detimiL surpyC stnemtsevnI nacloV detimiL ecnaniF secruoseR atnadeV detimiL ecnaniF secruoseR atnadeV yranoitercsiD lawragA linA tsurT detimiL evalcnoC detaroprocnI atnadeV nacloV ylremrof( )detimiL stnemtsevnI 83.65 357,427,402,2 83.65 357,427,402,2 83.65 357,427,402,2 83.65 947,768,402,2 etoN ot refeR( latoT :setoN :1 etoN ytiuqe revo ))”snoitalugeR revoekaT“( 1102 ,snoitalugeR )srevoekaT serahS noitisiuqcA laitnatsbuS( IBES V retpahC rednu [Showing first 8,000 characters — download PDF for full document]