Vedanta Limited has informed the Exchange about Action(s) taken or orders passed
VEDL · price
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Awaiting price reaction for this filing.
Vedanta's subsidiary ESL has received an order from the Joint Commissioner of CGST & CX, Ranchi, confirming a penalty of about ₹54.62 crore along with tax demand and applicable interest. The dispute relates to GST on various financial income and reversal of input tax credit involving defaulting vendors, covering FY 2018-19 to FY 2022-23. The order was issued on December 29, 2025 and received by ESL on December 30, 2025. Vedanta has stated it will file a writ petition or appeal before the appellate authorities, citing merit in its case. The company does not expect any material financial impact from the order.
Short-term negative sentiment is possible due to the penalty amount, but since Vedanta plans to appeal and expects no material financial impact, the long-term effect on shareholders may be limited. Investors should watch for updates on the appeal outcome.