Vedanta Limited — Others, 16-05-2025: Action(s) taken or orders passed

Vedanta Limited has announced a penalty of ₹146 crore from the Principal Commissioner of Central Tax for delayed payment of Special Additional Excise Duty on an oil & gas block. The bulk of the penalty, ₹115 crore, pertains to Videocon’s share, while Vedanta’s portion is ₹6.96 crore. This penalty could affect Vedanta’s tax liabilities and cash flows as the company evaluates its response.