Vedanta Limited — Others, 05-02-2025: Action(s) taken or orders passed

Vedanta Limited has received a penalty order from the Central Tax Office in Ratnagiri, amounting to ₹46.51 crore related to Input Tax Credit issues from July 2017 to March 2021. The company plans to appeal this decision, expressing confidence in a favorable resolution and indicating that it does not anticipate this order will materially affect its financials. Investors may view this development as a potential risk, but the company’s proactive step towards appealing suggests a positive outlook in mitigating long-term impacts on operations and financial health.