5447802026-11-045447802026-11-04in-capmkt:VestingOfOptionsMemberVAMLVEDANTA ALUMINIUM METAL LIMITED544780NOTLISTEDINE1CDF01017Options to purchase securities ESOPS (Sub-para 10-Para B)Newfalse2026-11-0416:47:00Pursuant 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 aluminium undertaking of Vedanta Limited (“VEDL”) was transferred to Vedanta Aluminium Metal Limited (“VAML”). <br /> <br /> In lieu of the above, VAML adopted the VAML 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 VEDL and the Resulting Companies (Vedanta Power Limited (erstwhile Talwandi Sabo Power 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. <br /> 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 Vesting - 55,16,340 Vedanta Aluminium Metal Limited -17,39,962 Vedanta Limited and other three resulting companies - 37,76,378 At Par valueTotal Vesting - 55,16,340 Vedanta Aluminium Metal Limited -17,39,962 Vedanta Limited and other three resulting companies - 37,76,3788 months or such other time period as may be approved by Nomination and 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 these options" please refer the below notes: <br /> <br /> (a) Options 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 VAML, VEDL and other three Resulting companies. Accordingly, the eligible employees will be entitled to receive equity shares of VAML, VEDL as well as the other three Resulting Companies. <br /> (c) Vedanta Aluminium Metal Limited (17,39,962): This represents the options vested for VAML Employees. Upon exercise of outstanding options under VEDL’s pre demerger schemes, eligible employees of VAML will get equity shares of VAML as well as the corresponding entitlement to shares of VEDL and other three Resulting Companies. <br /> <br />