Date and Type of Meeting

The meeting was conducted via a Postal Ballot with a remote e-voting process only. The last date for the receipt of votes was September 30, 2026. There was no physical meeting.

Summary of Proposed Resolutions

The following nine resolutions were proposed for shareholder approval:

1. Ordinary Resolution: Appointment of M/s S.R. Batliboi & Co. LLP, Chartered Accountants as the Statutory Auditors of the Company.

2. Special Resolution: Approval of 'Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026' and its implementation through a Trust.

3. Special Resolution: Approval to extend the ESOP 2026 to the employees of the holding company and subsidiary company(ies).

4. Special Resolution: Approval for secondary acquisition of shares through the Trust for implementing the ESOP 2026.

5. Special Resolution: Approval for the provision of money by the Company for the purchase of its own shares through the trust under the ESOP 2026.

6. Special Resolution: Approval of 'Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026' and its implementation through a Trust.

7. Special Resolution: Approval to extend the ESPP 2026 to the employees of the holding company and/or subsidiary company(ies).

8. Special Resolution: Approval for secondary acquisition of shares through the Trust route for implementing the ESPP 2026.

9. Special Resolution: Approval for the provision of money by the Company for the purchase of its own shares through the trust under the ESPP 2026.

Voting Process and Methods

The voting was conducted solely through a remote e-voting process. The e-voting facility was provided by KFin Technologies Limited. The voting period was from Tuesday, September 01, 2026, at 09:00 A.M. (IST) to Wednesday, September 30, 2026, at 5:00 P.M. (IST).

Key Voting Outcomes

General Information

  • NSE Symbol: VISL
  • Total Number of Shareholders on record date: 2,303,947
  • Number of Resolutions: 9

Scrutinizer Details

  • Name: Shivaram Bhat
  • Firm: Shivaram Bhat
  • Qualification: Company Secretary
  • Membership Number: A10454
  • Date of Board Appointment: August 28, 2026
  • Date of Report Issuance: September 30, 2026

Resolution-wise Results

Resolution 1 (Ordinary - Auditor Appointment):

  • Total Valid Votes Cast: 27,199,331,77
  • Votes in Favor: 27,186,293,80 (99.95%)
  • Votes Against: 13,037,97 (0.05%)
  • Ballots Received (In Favor): 64,561
  • Ballots Received (Against): 2,651

Resolution 2 (Special - ESOP 2026):

  • Total Valid Votes Cast: 27,205,346,47
  • Votes in Favor: 26,144,720,37 (96.10%)
  • Votes Against: 1,060,626,10 (3.90%)
  • Ballots Received (In Favor): 61,932
  • Ballots Received (Against): 5,172

Resolution 3 (Special - Extend ESOP):

  • Total Valid Votes Cast: 27,205,337,63
  • Votes in Favor: 26,138,018,68 (96.08%)
  • Votes Against: 1,067,318,95 (3.92%)
  • Ballots Received (In Favor): 61,833
  • Ballots Received (Against): 5,233

Resolution 4 (Special - ESOP Share Acquisition):

  • Total Valid Votes Cast: 27,205,261,57
  • Votes in Favor: 26,144,591,50 (96.10%)
  • Votes Against: 1,060,670,07 (3.90%)
  • Ballots Received (In Favor): 61,924
  • Ballots Received (Against): 5,074

Resolution 5 (Special - ESOP Fund Provision):

  • Total Valid Votes Cast: 27,205,266,56
  • Votes in Favor: 26,144,548,67 (96.10%)
  • Votes Against: 1,060,717,89 (3.90%)
  • Ballots Received (In Favor): 61,885
  • Ballots Received (Against): 5,115

Resolution 6 (Special - ESPP 2026):

  • Total Valid Votes Cast: 27,205,334,83
  • Votes in Favor: 27,050,919,20 (99.43%)
  • Votes Against: 1,544,156,3 (0.57%)
  • Ballots Received (In Favor): 63,036
  • Ballots Received (Against): 4,036

Resolution 7 (Special - Extend ESPP):

  • Total Valid Votes Cast: 27,205,269,28
  • Votes in Favor: 26,305,226,60 (96.69%)
  • Votes Against: 9,000,426,8 (3.31%)
  • Ballots Received (In Favor): 62,037
  • Ballots Received (Against): 5,057

Resolution 8 (Special - ESPP Share Acquisition):

  • Total Valid Votes Cast: 27,205,250,71
  • Votes in Favor: 27,050,158,26 (99.43%)
  • Votes Against: 1,550,924,5 (0.57%)
  • Ballots Received (In Favor): 62,918
  • Ballots Received (Against): 4,118

Resolution 9 (Special - ESPP Fund Provision):

  • Total Valid Votes Cast: 27,205,244,79
  • Votes in Favor: 27,050,157,42 (99.43%)
  • Votes Against: 1,550,873,7 (0.57%)
  • Ballots Received (In Favor): 62,919
  • Ballots Received (Against): 4,109

Participation Breakdown by Shareholder Category

The detailed voting table in the source document provides a breakdown of votes cast by Promoters, Public, and Institutions for each resolution. The promoter group voted nearly unanimously (99.99%+) in favor of all resolutions. Public shareholders, including institutions and non-institutions, also approved all resolutions with significant majorities, though with a small percentage of votes against the ESOP-related resolutions (3-4%).

Scrutinizer's Role and Findings

Mr. Shivaram Bhat, Practicing Company Secretary, was appointed as the Scrutinizer by the Board of Directors on August 28, 2026. His responsibilities included scrutinizing the e-voting process in a fair and transparent manner and preparing a report on the votes cast. The Scrutinizer's report confirms that the e-voting process was conducted properly, the votes were unblocked in the presence of independent witnesses, and the results were generated from the e-voting portal and matched with the company's register of members. The report details the number of ballots and votes cast for and against each resolution, including notes on members who split their votes.

Compliance Confirmation

The document confirms that the postal ballot was conducted in compliance with the Companies Act, 2013, its rules, and SEBI Listing Regulations. The notice was dispatched to members via email in accordance with MCA General Circular No.14/2020 dated April 8, 2020.