5447812026-11-045447812026-11-04in-capmkt:VestingOfOptionsMemberVEDPOWERVEDANTA POWER LIMITED544781NOTLISTEDINE694L01019Options to purchase securities ESOPS (Sub-para 10-Para B)Newfalse2026-11-0418:00:00Pursuant to the Composite Scheme of Arrangement approved by the Hon’ble National Company Law Tribunal, Mumbai Bench, which became effective on May 1, 2026, the merchant power undertaking of Vedanta Limited (“VEDL”) was transferred to Vedanta Power Limited (erstwhile Talwandi Sabo Power Limited) (“VPL”). <br /> <br /> In lieu of the above, VPL adopted the VPL ESOS Special Purpose Demerger Scheme to provide continuity of benefits in respect of the current outstanding grants under ESOS 2016 held by eligible employees of Vedanta Limited (“VEDL”) and the Resulting Companies, Vedanta Aluminum Metal Limited, Vedanta Oil and Gas Limited(erstwhile Malco Energy Limited) and Vedanta Iron And Steel Limited. Accordingly, such eligible employees will be entitled to receive equity shares of VEDL as well as the respective Resulting Companies.2026-11-04Vesting of optionsThe present instance is vesting of options on completion of the performance period and subject to achievement of performance conditions.trueOptions Granted - 1,84,14,252 Total Options Vested - 55,16,340 Vedanta Power Limited - 1,82,756 Vedanta Limited and other three resulting companies - 53,33,584At Par ValueTotal Vesting - 55,16,340 Vedanta Power Limited - 1,82,756 Vedanta Limited and other three resulting companies - 53,33,5848 months or such other time period as may be approved by Nomination & Remuneration Committee of the Company.The exact options exercised will be determined post the exercise period is closed.The money realized by exercise of options will be determined post the exercise period is closed.The total number of shares arising as a result of exercise of option will be determined post the exercise period is closed.The options lapsed will be determined post the exercise period is closed.NAOptions are vested based on a combination of business and individual performance over a sustained period, as per the plan approved by the Nomination and Remuneration Committee.NAWith respect to the "Total Number of Shares Covered by thses options" pls refer the below notes: <br /> <br /> (a) Optione granted (1,84,14,252): This represents the total no. of options granted by VEDL under the 2023 Grant plan. <br /> (b) Total Vesting (55,16,340): This represents the total no. of options vested under ESOS 2016 for the employees of VPL, VEDL and other three Resulting companies. Accordingly, the eligible employees will be entitled to receive equity shares of VPL, VEDL as well as the other three Resulting Companies. <br /> (c) Vedanta Power Limited (1,82,756): This represents the options vested for VPL Employees. Upon exercise of outstanding options under VEDL’s pre demerger schemes, eligible employees of VPL will get equity shares of VPL as well as the corresponding entitlement to shares of VEDL and other three Resulting Companies. <br />