Vedanta Limited — Others, 18-03-2025: Action(s) taken or orders passed

Hindustan Zinc Limited, a subsidiary of Vedanta Limited, has received fines totaling ₹5.43 crore from BSE and NSE for non-compliance with SEBI regulations regarding the composition of its Board of Directors, specifically related to a shortfall in Independent Directors. The company is actively engaging with the Ministry of Mines to resolve this compliance issue. While the immediate financial impact of the fines is not significant, this situation highlights the need for enhanced governance practices. Investors may view this as a neutral development, with potential implications for the company's governance credibility.