Intimation under Regulation 30 of the Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015, as amended.
VEDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vedanta informed exchanges that its subsidiary Hindustan Zinc (HZL) has received an order from the Office of the Commissioner of Customs, NS-I, Maharashtra confirming a fine and penalty of Rs. 12.77 lakh along with customs duty demand and applicable interest. The matter relates to the valuation of goods imported by HZL during FY 2019-20. HZL received the order on July 7, 2025, and plans to file an appeal before the Appellate Authority. The company expects no material financial impact from the order.
The penalty amount is very small (about Rs. 12.77 lakh) relative to HZL's overall business, and the company has stated it does not expect any material financial impact. Shareholders are unlikely to see a meaningful effect on Vedanta's stock price from this order, though the appeal outcome will be worth monitoring.