Hindustan Zinc Limited — Others, 24-07-2025: Action(s) taken or orders passed

Hindustan Zinc's promoter, Vedanta Limited, has received a penalty order from the GST & Central Excise office in Jharsuguda. The penalty amounts to Rs 15.44 lakh, plus tax and interest, stemming from a CENVAT credit issue in FY 2016-17. Vedanta plans to appeal this order, expressing confidence in a favorable outcome and stating that it expects no material financial impact. This update provides transparency to HZL shareholders regarding a non-material development concerning its parent.