Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations')

• Security Code: 500295
• Company: VEDL

Pursuant to Regulation 30 of the Listing Regulations, we wish to bring to your notice that the Company has been informed today that it has been identified as the 'H1 Qualified Interested Bidder' as per the bid process of the consortium of lenders of GMR Chhattisgarh Energy Limited (GCEL) for sale of controlling equity stake and restructuring of debt in GCEL.

The receipt of any Letter of Intent and completion of the acquisition is subject to the negotiations with the consortium of lenders to the satisfaction of both parties and other requisite approvals.