Hindustan Zinc Limited — Pledging, 02-06-2026: Pledge/Unpledge

Vedanta Limited has completed the full release of encumbrances on Hindustan Zinc (HZL) shares. This includes the major condition that restricted 50.1% of HZL's equity shares under a debenture trust deed. Separately, a specific pledge over 4.28 crore (1.01%) HZL shares has also been fully released. These actions come after the complete redemption of Non-Convertible Debentures by a Vedanta subsidiary. This development significantly reduces the debt-related overhang and boosts financial flexibility for the promoter, a positive signal for investors.