Routine Neutral

2026-07-30 20:37

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Governance Positive

2026-07-29 17:25

- The Board of Directors approved the formulation, adoption, and implementation of Vedanta Oil and Gas Limited - Employee Stock Option Plan 2026 (VOGL ESOP 2026) and Employee Stock Purchase Plan 2026 (VOGL ESPP 2026) for eligible employees. - These schemes cover up to 5% of the total paid-up share capital of the Company and will be implemented through a Trust Route via secondary acquisition. - Mr. Pulak Modi, Non-Executive Director, has been designated as Vice Chairman of the Board.

Financials Positive

2026-07-29 16:05

- Consolidated Revenue ₹2,507 Cr vs ₹2,303 Cr (▲9% YoY) - EBITDA ₹1,232 Cr vs ₹1,272 Cr (▼3% YoY) - PAT ₹945 Cr vs ₹(104) Cr (from loss to profit YoY) - EBITDA Margin 49% vs 55% (▼600bps) - Company reported gas discovery in the Kaam BCP-1ST well in Kameshwari-Graben in Rajasthan's Barmer Basin.

Financials Neutral

2026-07-29 15:58

CRITICAL RED FLAG DETECTED

- Consolidated Revenue ₹2,507Cr vs ₹2,311Cr (▲8.5% YoY) - EBITDA ₹814Cr vs ₹505Cr (▲61.2% YoY) - PAT improved from a loss of ₹104Cr to a profit of ₹945Cr YoY, largely due to a one-time gain from discontinued operations. - EBITDA Margin 32.5% vs 21.9% (▲1060bps)

Financials Negative

2026-07-29 15:55

CRITICAL RED FLAG DETECTED

- Consolidated Revenue ₹2,507Cr vs ₹2,311Cr (▲8.5% YoY) - EBITDA ₹373Cr vs ₹505Cr (▼26.1% YoY) - Consolidated PAT (Profit After Tax) improved to ₹945Cr from a loss of ₹104Cr YoY, significantly influenced by an exceptional gain of ₹1,056Cr from discontinued operations. - EBITDA Margin 14.9% vs 21.9% (▼700bps) - The company recognized a provision for impairment of ₹379 Cr due to ongoing litigation concerning the Cambay Block Production Sharing Contract (PSC) extension, which was declined by MoPNG.

Business Update Negative

2026-07-26 13:22

CRITICAL RED FLAG DETECTED

- Vedanta Oil and Gas Limited received no-objection/approval from MoPNG for the assignment of participating interests/operatorship related to its demerger from Vedanta Limited, effective May 1, 2026. - This approval is conditional, stating that pending liabilities for all exploration and production contracts will be the demerged entity's responsibility. - The High Court of Delhi dismissed Vedanta Limited's writ petition and upheld MoPNG's decision to reject the application for extension of the Production Sharing Contract (PSC) for Block CB-OS/2.

Business Update Neutral

2026-07-24 18:05

- Notice of Board Meeting to consider Unaudited Standalone and Consolidated Financial Results for Q1 FY27 (ended June 30, 2026) on July 29, 2026. - Trading Window will remain closed from July 01, 2026 to July 31, 2026. - Concall Schedule - Concall Date: July 30, 2026 - Concall Time: 5:00 PM to 6:30 PM (IST)

Governance Neutral

2026-07-24 18:01

- Board Meeting on July 29, 2026, to consider Q1 FY27 Unaudited Standalone and Consolidated Financial Results. - Earnings conference call to discuss results scheduled for July 30, 2026, from 5:00 PM to 6:30 PM (IST).

Business Update Neutral

2026-07-24 17:15

- Board Meeting to be held on July 29, 2026, to consider Unaudited Standalone and Consolidated Financial Results for the First Quarter ended June 30, 2026. - Earnings conference call scheduled for July 30, 2026, from 5:00 PM to 6:30 PM (IST). - Trading Window to remain closed from July 01, 2026, to July 31, 2026.

Ownership Negative

2026-07-23 18:29

CRITICAL RED FLAG DETECTED

- Intimation regarding a Facility Agreement dated July 20, 2026, for a total commitment of US$ 2.25 billion. - Promoter group entities are borrowers/guarantors, with the purpose to repay VRL Group's financial indebtedness. - Vedanta Oil and Gas Limited (VOGL) is not a direct party, but encumbrances have been created over VOGL shares. - The agreement imposes certain covenants and restrictions on VOGL's activities.

Ownership Neutral

2026-07-23 09:54

- GLAS Agency disclosed the creation of an encumbrance over 56.38% of Vedanta Oil and Gas Limited (VOGL) equity shares by Vedanta Resources Limited (VRL) subsidiaries. The encumbrance is for a facility agreement of up to US$ 2.25 billion, dated July 20, 2026.

Business Update Negative

2026-07-22 20:48

CRITICAL RED FLAG DETECTED

- Hon'ble Delhi High Court dismissed Vedanta Oil and Gas's writ petition regarding the Government's non-acceptance of the Production Sharing Contract (PSC) extension for CB/OS-2 Block.- The Company has filed a Letters Patent Appeal (LPA) challenging the judgment.- Financial and operational implications are currently being evaluated.

Ownership Negative

2026-07-22 17:51

CRITICAL RED FLAG DETECTED

- Vedanta Resources Ltd. disclosed creation of encumbrance on 56.38% of Vedanta Oil & Gas Ltd. shares held by its subsidiaries (99.99% of promoter holding). - This relates to a US$ 2.25 billion facility agreement to repay VRL Group's financial debt and for general corporate purposes. - While no direct pledge was created, shares are encumbered.

Ownership Negative

2026-07-22 17:46

CRITICAL RED FLAG DETECTED

- Vedanta Resources Limited (VRL) has created an encumbrance over 2,204,724,753 shares of Vedanta Oil and Gas Limited (VOGL), representing 56.38% of VOGL's total share capital (99.99% of promoter holding). - This encumbrance is for a facility agreement dated July 20, 2026, with a total maximum commitment of US$ 2,250,000,000. - The funds are intended for repayment of VRL Group's existing financial indebtedness and general corporate purposes. - It is clarified that no pledge has been created, but the arrangement falls within the definition of 'encumbrance' under Takeover Regulations.

Business Update Neutral

2026-07-21 16:18

- Vedanta Oil and Gas received a notice from Delhi High Court regarding ONGC's petition to enforce an arbitral award of approx. USD 37 million. Financial implications are already provided in the books of account. Next hearing is September 11, 2026; no interim adverse order passed.

Business Update Negative

2026-07-21 16:11

CRITICAL RED FLAG DETECTED

- The company, Vedanta Oil and Gas Limited, has received demand letters from the Directorate General of Hydrocarbons (DGH), Government of India. - DGH is not granting a further extension of 4 blocks awarded under OALP rounds of bidding and is seeking payment of liquidated damages along with applicable interest. - The aggregate amount claimed by DGH is approximately USD 35 million plus interest. - The company believes it has valid grounds in the matter and is pursuing legal and other remedies, and has requested DGH to refer the matter to the Committee for External Eminent Experts (CEEE) for resolution.

Ownership Negative

2026-07-18 18:35

CRITICAL RED FLAG DETECTED

- Vedanta Oil and Gas Limited (VOGL) disclosed a US$1 Billion Facility Agreement dated July 15, 2026, entered into by its promoter group entities for VRL Group's indebtedness and general corporate purposes. - Encumbrances have been created over VOGL's shares, and certain covenants impose restrictions on VOGL's activities.

Ownership Neutral

2026-07-18 11:30

- GLAS Agency (Hong Kong) Limited disclosed the creation of an encumbrance over 56.38% of the equity shares of Vedanta Oil and Gas Limited (VOGL). - These shares, held by Vedanta Resources Limited's subsidiaries, serve as security for a US$1 billion facility agreement dated July 15, 2026. - This disclosure updates an existing encumbrance on the same shares.

Ownership Negative

2026-07-18 10:46

CRITICAL RED FLAG DETECTED

- Vedanta Resources Limited (VRL) created an encumbrance over 56.38% of Vedanta Oil and Gas Limited (VOGL) total share capital (99.99% of promoter holding). - This is for a US$1 billion facility agreement dated July 15, 2026, primarily for repayment of VRL Group's financial indebtedness. - The filing clarifies no new pledge has been created as of the disclosure date, but the encumbrances relate to existing security arrangements on promoter holdings.

Ownership Neutral

2026-07-18 10:42

- Vedanta Resources Limited disclosed encumbrance on 56.38% of Vedanta Oil and Gas Limited (VOGL) equity shares. - This relates to a US$1 billion facility agreement from July 15, 2026. - No new pledge was created; existing arrangements meet SEBI's 'encumbrance' definition. - Funds are for VRL Group's financial debt repayment and general purposes.

Ownership Negative

2026-07-17 10:50

CRITICAL RED FLAG DETECTED

- Promoter entity Vedanta Resources Limited (VRL) disclosed the creation of an encumbrance over equity shares of its Listed Indian Subsidiaries, including Vedanta Ltd. - This encumbrance relates to US$1.75 billion in Guaranteed Senior Bonds issued by Vedanta Resources Finance II PLC (a VRL subsidiary) for debt refinancing. - Approximately 99.99% of the promoter group's shareholding (56.38% of total share capital) is subject to this encumbrance. - The underlying bonds carry below-investment-grade credit ratings (Ba3 from Moody's, BB from Fitch, and BB- from S&P).

Business Update Positive

2026-07-16 16:18

- Vedanta Oil and Gas Limited's long-term rating upgraded to 'Crisil AA+/Stable' from 'Crisil A+/Watch Developing/Crisil A1+'. - Short Term Rating withdrawn. - Action taken by CRISIL Ratings Limited on July 16, 2026.

Ownership Negative

2026-07-16 15:11

CRITICAL RED FLAG DETECTED

- Vedanta Resources Limited (VRL) disclosed the creation of encumbrance over equity shares of its listed Indian subsidiaries (VEDL, VPL, VOGL, VISL, VAML). - This encumbrance is for issuing US$ 1.75 billion in Senior Bonds by VRL's subsidiary, Vedanta Resources Finance II PLC, maturing in 2032, 2034, and 2037. - The proceeds are for repaying outstanding bonds and servicing other debts. - 99.99% of the promoter's 56.38% stake in Vedanta Oil and Gas Limited is now encumbered. - The bonds carry non-investment grade credit ratings (Ba3 from Moody's, BB from Fitch, BB- from S&P).

Ownership Neutral

2026-07-16 09:15

- GLAS Agency, as security trustee, discloses creation of encumbrance over 56.38% equity shares of Vedanta Oil and Gas Limited (VOGL) held by promoter group entities. - This is security for US$1.75 billion bonds issued by Vedanta Resources Finance II Plc. - The filing clarifies that no pledge has been created as of the disclosure date.

Business Update Negative

2026-07-03 20:31

- Average daily gross operated production for Q1 FY27 was 77.7 kboepd (down 17% YoY from 93.2 kboepd in Q1 FY26). - Average daily working interest production for Q1 FY27 was 51.1 kboepd (down 16% YoY). - Company is focused on arresting decline and building future growth funnel.

Business Update Positive

2026-06-29 20:57

- Vedanta Oil and Gas Limited has been assigned a Long-term-Fund-based-Term loan credit rating of ICRA AA+ (Stable) by ICRA Limited on June 29, 2026.

Routine Neutral

2026-06-25 15:56

- Trading window for Designated Persons of Vedanta Oil and Gas Limited closed from July 01, 2026. - This closure is in compliance with insider trading regulations, ahead of the declaration of Unaudited Financial Results for Q1 ending June 30, 2026. - The window will reopen 48 hours after the results are declared.

544782

Vedanta Oil and Gas Ltd

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