Outcome of Board Meeting

VAML/Sec./SE/26-27/53 October 28, 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 Scrip Code: 544780, 959311, 974022, 976430 and 976431 Symbol: VAML Sub: Outcome of Board Meeting held on October 28, 2026 – Integrated Filing (Financial Results) Dear Sir/Madam, The Board of Directors of Vedanta Aluminium Metal Limited (the “Company”) at its meeting held today, i.e. October 28, 2026, has, inter alia, considered and approved the Unaudited Consolidated and Standalone Financial Results of the Company for the second quarter and half year ended September 30, 2026 in terms of Regulation 33 and 52 of the Securities and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“Listing Regulations”). In this regard, please find enclosed herewith the following: 1. Unaudited Consolidated and Standalone Financial Results of the Company for the second quarter and half year ended September 30, 2026 (“Financial Results”); 2. Limited Review Report for Financial Results from the Statutory Auditors of the Company, M/s S R B C & CO LLP, Chartered Accountants. The report of the Auditors is with unmodified opinion with respect to the Financial Results. The aforesaid financial results shall also be made available on the website of the Company at: www.vedantaaluminium.com. Further, pursuant to SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 read with relevant circulars issued by stock exchanges in this regard, the following disclosures are being made: A. Financial Results – Enclosed B. Statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. – Not Applicable C. Disclosure of outstanding default on loans and debt securities – Not Applicable D. Disclosure of related party transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) - will be filed along with XBRL for financial results. E. Statement on impact of audit qualifications (for audit report with modified opinion) submitted along-with annual audited financial results (standalone and consolidated separately) (applicable only for annual filing i.e., 4th quarter) – Not Applicable The meeting of the Board of Directors of the Company commenced at 02:10 p.m. IST and concluded at 03:12p.m. IST. We request you to please take the above on record. Thanking you. Yours faithfully, For Vedanta Aluminium Metal Limited Dashmeet Rana Company Secretary & Compliance Officer Enclosed: As above Vedanta Aluminium Metal Limited REGISTERED OFFICE: Vedanta Aluminium Metal Limited, C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra, India, 400093 | Ph: +91 11 4226 2300 CIN: L24202MH2023PLC411663 | Email: vaml.sect@vedanta.co.in | website: www.vedantaaluminium.com SR BC& COLLP 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Chartered Accountants Mumbai -400 028, India Tel: +91226819 8000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Vedanta Aluminium Metal Limited I. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Vedanta Aluminium Metal Limited (the "Holding Company") and its subsidiary (the I lolding Company and its subsidiary together referred to as "the Group"), for the quarter ended September 30, 2026 and year to date from April 1, 2026 to September 30, 2026 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 and 52 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Holding Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance \.Vith Regulation 33 and 52 of the Listing Regulations. The Statement has been approved by the Holding Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial lnfonnation Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable 1•~ to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the Master Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of a subsidiary, Bharat Aluminium Company Limited. S R 8 C & co LLP. a Limited Llablhty Partnersn;p with LLP Identity ..0 . AAB-4318 Regd. Office: 22. Camac Street. mock '8', 3rd floor, Kolkata-700016 SR BC& CO LLP Chartered Accountants 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The Statement includes the results of Holding Company for the year ended March 31, 2026 which were audited by predecessor auditor who expressed an unmodified opinion on those financial statements on April 29, 2026 and the figures for the quarter and half year ended September 30, 2025 and for the year ended March 31, 2026 of Aluminium Division as extracted from the books of account underlying the financial results of Vedanta Limited which were subjected to limited review / audit by the auditors of Vedanta Limited to give the impact of the Scheme of demerger. For S R B C & CO LLP Chartered Accountants l~=t;on numbecc 324982E/E300003 per Vikas Pansari Partner Membership No.: 093649 UDIN: .26o~3b~9LOLZLJ"2 02-8 Place: Mumbai Date: October 28, 2026 ~ vedanta aluminium Vedanta Aluminium Metal Limited CIN: L242021\1H2023PLC411663 Regd. Office: C-103, Atul Project., Corporate Avenue New Link, Cbakala MIDC, Mumbai, i\laharashtra, India, 400093 SfA T EM ENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2026 (f in Crore, except as stated) Quarter ended Hair year ended Year ended 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 30.09.2026 S.No. Particulars (Unau [Showing first 8,000 characters — download PDF for full document]