Hindustan Zinc Limited — Others, 22-05-2025: Action(s) taken or orders passed

Vedanta Limited, promoter of Hindustan Zinc, has been fined ₹1.88 crore related to CENVAT credit claimed on inputs purchased between February 2010 and March 2011. The company is reviewing the penalty and expects a favorable outcome, with no significant financial impact expected. This matter pertains to historic tax credit claims and is unlikely to affect Vedanta’s current operations or financial position, reassuring shareholders about stable business continuity.