Hindustan Zinc Limited has informed the Exchange about Action(s) taken or orders passed
HINDZINC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty 100 and 1.0 pts less than its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Hindustan Zinc Limited informed stock exchanges about a disclosure made by its promoter and holding company, Vedanta Limited. Vedanta received an order from the Office of the Assistant Commissioner, GST & Central Excise, Jharsuguda, confirming a penalty of Rs. 15,43,762 along with a tax demand and applicable interest. The issue relates to the availment and utilisation of CENVAT credit for payment of Central Excise Duty during FY 2016-17. The order was dated June 19, 2025, and was received by Vedanta on July 23, 2025. Vedanta stated it intends to file an appeal with the Appellate Authorities and does not expect any material financial impact on the company.
The penalty is small in size (around Rs. 15.4 lakhs) and pertains to the promoter Vedanta, not directly to Hindustan Zinc. Since Vedanta plans to appeal and expects no material impact, this is likely a non-event for HZL shareholders and should not affect the stock price meaningfully.