Please refer the enclosed file.
Awaiting price reaction for this filing.
Vedanta Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to BSE and NSE, as required under SEBI Listing Regulations. The company reported a standalone turnover of ₹74,295 crore and consolidated turnover of ₹1,52,968 crore, with exports contributing 32.91% of total turnover. Vedanta operates 96 plants nationally and 7 internationally, employs 13,964 permanent employees and over 1 lakh workers, and has 49 subsidiaries along with 6 associates and joint ventures. The report was independently assured by S.R. Batliboi & Co. LLP, with reasonable assurance on BRSR Core metrics and limited assurance on the rest. Vedanta also disclosed four penalties totaling about ₹39.5 lakh from BSE and NSE for Hindustan Zinc Limited's non-compliance with board composition norms related to independent directors.
This is a routine annual regulatory disclosure with no direct impact on shareholders or stock price. The penalties disclosed are minor and relate to a subsidiary's board composition issue. The report highlights Vedanta's ESG commitments, including Net Zero Carbon by 2050 and net water positivity by 2030, which are relevant for long-term sustainability-focused investors.