Dividend

VAML/Sec./SE/26-27/19 July 30, 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 Symbol: VAML Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) (“Listing Regulations”) Dear Sir/Madam, In continuation to our Letter No. VAML/Sec./SE/26-27/18 dated July 30, 2026 and pursuant to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), read with Schedule III thereto, we wish to inform you that the Board of Directors of Vedanta Aluminium Metal Limited (the "Company"/"VAML"), at its meeting held today, i.e., Thursday, July 30, 2026, has, inter alia, approved the following: 1. The Board has considered and approved the First Interim Dividend of ₹ 8/- per equity share on face value of ₹ 1/- per equity share for the Financial Year 2026-27 amounting to c.₹ 3,128.55 Crores. As intimated earlier, the record date for the purpose of payment of dividend shall be Wednesday, August 05, 2026, and the interim dividend shall be duly paid within the stipulated timelines as prescribed under law. 2. On the recommendation of the Nomination & Remuneration Committee, the Board of Directors have considered and approved the formulation, adoption and implementation of Vedanta Aluminium Metal Limited - Employee Stock Option Plan 2026 (“VAML ESOP 2026”) and Vedanta Aluminium Metal Limited – Employee Share Purchase Plan 2026 (“VAML ESPP 2026”), for granting options to the Eligible Employees of the Company and its Subsidiaries for up to 5% of the total paid up share capital of the Company, in one or more tranches, in compliance with the provisions of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (as amended from time to time) read with the circulars and notifications issued thereunder [“SEBI (SBEB) Regulations”], subject to the approval of the members of the Company. The Scheme shall be implemented through Trust Route by creation of Vedanta Aluminium Metal Limited ESOS Trust (“VAML Trust”), wherein the said Trust shall acquire the existing equity shares of the Company by way of Secondary Acquisition from the open market in compliance with the SEBI (SBEB) Regulations and Listing Regulations. Further, the information as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, is annexed as “Annexure-A”, to this letter. The meeting of the Board of Directors of the Company commenced at 01:20 p.m. IST and concluded at 02:18 p.m. IST. 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: U24202MH2023PLC411663 | Email: vaml.sect@vedanta.co.in | website: www.vedantaaluminium.com The above information shall also be made available on the website of the Company at: www.vedantaaluminium.com 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: U24202MH2023PLC411663 | Email: vaml.sect@vedanta.co.in | website: www.vedantaaluminium.com Annexure A Details as required under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and applicable SEBI Master Circulars S. No. Particulars Details Details 1. Name of the Scheme Vedanta Aluminium Metal Limited – Vedanta Aluminium Metal Limited – Employee Stock Option Plan 2026 Employee Share Purchase Plan 2026 (“VAML ESOP 2026”) (“VAML ESPP 2026”) 2. Brief details of options No grant has been made under VAML No offer has been made under VAML ESPP granted ESOP 2026 as on date. 2026 as on date. 3. Whether the scheme is in Yes Yes terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021; 4. Total number of shares The total number of options which can The total number of shares which can be covered by these options be granted under the Scheme to the offered and allotted/transferred to the eligible employees as determined by the eligible employees under VAML ESPP 2026 Nomination & Remuneration Committee as determined by the Nomination & of the Company (“NRC”) shall not exceed Remuneration Committee of the Company 16,62,04,184 shares representing 4.25% (“NRC”) shall not exceed 2,93,30,150 shares of the total paid up share capital of the representing 0.75% of the total paid-up Company. share capital of the Company. 5. Pricing formula The exercise price per share under ESOS The Purchase Price per share under the 2026 is proposed at the face value of the VAML ESPP 2026 shall be nil or as share, currently ₹ 1 per share, or such determined by NRC. other price as may be approved in accordance with applicable law. 6. Time within which option Eight Months from the date of each Shares offered under VAML ESPP 2026 shall may be exercised vesting, subject to specified exceptions. be accepted by eligible employees within the offer period specified in the offer letter. 7. Brief details of significant a. Enables eligible employees to a. Enables eligible employees to acquire terms acquire equity shares and equity shares and participate in the participate in the Company's long- Company's long-term value creation. term value creation. b. ESPP Pool: Proposed pool of up to b. ESOP Pool: Proposed pool of up to 2,93,30,150 shares (0.75% of paid-up 16,62,04,184 shares (4.25% of paid- capital of the Company) up capital of the Company). c. Implementation: Scheme to be c. Implementation: Scheme to be implemented through the VAML ESOS implemented through the VAML Trust route through secondary ESOS Trust route through secondary acquisition. acquisition. The total number of shares under all The total number of shares under all outstanding Schemes of the Company outstanding Schemes of the under secondary acquisition held by Company under secondary the Trust shall at no point of time acquisition held by the Trust shall at exceed 5% of the paid-up equity share no point of time exceed 5% of the capital of the Company. paid-up equity share capital of the d. Eligible Employees: Open to eligible Company. employees of the Company, its holding d. Eligible Employees: Open to eligible company and subsidiaries, excluding employees of the Company, its promoters, promoter group, holding company and subsidiaries, independent directors and persons excluding promoters, promoter holding more than 10% equity, in group, independent directors and accordance with the applicable laws. 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: U24202MH2023PLC411663 | Email: vaml.sect@vedanta.co.in | website: www.vedantaaluminium.com persons holding more than 10% e. Offer/Acceptance/Purchase/Allotme equity, in accordance with the nt: The offer of allotment, acceptance, applicable laws. eligibility, quantum of shares and other e. Vesting: The Options granted under terms shall be determined by the NRC the Plan shall vest not earlier than in accordance with applicable laws. the minimum Vesting Period of 1 f. Purchase Price: The Purchase Price per (One) year and not later than the share under VAML ESPP 2026 shall be maximum Vesting Period of 5 (Five) nil or as may be determined by the y [Showing first 8,000 characters — download PDF for full document]