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Victory XII lifts pledge on 2,116,884,819 Hindustan Zinc shares after June 17, 2026 loan prepayment

Victory XII repaid a loan early on June 17, 2026, releasing the pledge on 2,116,884,819 shares of Hindustan Zinc Limited held on behalf of Vedanta, equal to 50.10% of the company’s share capital, leaving the encumbrance at zero. The release was disclosed to BSE and NSE under Regulation 29(2) of India’s SEBI takeover regulations. Separately, Hindustan Zinc appointed former SAIL chairman Amarendu Prakash as CEO-Designate effective June 19, 2026.
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