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 Limited has received an order from the Office of the Assistant Commissioner of Central Tax, Kakinada confirming a penalty of Rs. 30,43,412 along with a tax demand and applicable interest. The matter relates to the availment of Input Tax Credit (ITC) over five financial years, from FY 2018-19 to FY 2022-23. The order was dated July 25, 2025, and was received by the company on August 8, 2025. Vedanta plans to file an appeal with the appellate authorities and expects a favorable outcome.
The penalty amount is negligible compared to Vedanta's overall financial scale, and the company has stated it does not foresee any material financial impact. Shareholders are unlikely to see any meaningful effect on the stock price from this order.