Pursuant to the provisions of Regulation 30 read with Schedule III of SEBI Listing Regulations, Vedanta (VEDL), promoter and holding Company of Hindustan Zinc (HZL), has made disclosure regarding an order received from Appellate Tribunal under SAFEMA, New Delhi vide order dated November 27, 2024 dismissed the appeal filed by the Company (Erstwhile Sterlite (I) Industries) and the erstwhile Directors of Sterlite Industries (I) against the Order of the Enforcement Directorate imposing a total penalty of ? 35 Cr [? 20 Cr on Company and ? 5 Cr each on the three erstwhile Directors of Sterlite Industries (I) Limited] alleging violation under Section 8(1) of Foreign Exchange Regulation Act, 1973. The same has been intimated by VEDL to the Stock Exchanges on November 28, 2024, at 09:15 PM (IST). The filing made by VEDL in this regard has been enclosed and the same is also available on the website of stock exchanges at www.bseindia.com and www.nseindia.com and VEDL website at https://www.vedantalimited.com/eng/
The above information is a part of company’s filings submitted to BSE.