Vedanta Limited Faces ED Search Following Investigation under Foreign Exchange Management Act
Vedanta Limited has confirmed that a search operation was conducted at its premises by the Directorate of Enforcement (ED), as part of an investigation under the Foreign Exchange Management Act, 1999. The company stated that its officers provided all necessary information and clarifications sought by the ED during the process.The search operation initiated by the Directorate of Enforcement commenced on June 01, 2026, at 12:15 PM IST and concluded on June 03, 2026, at 9:55 PM IST. The communication received from the Authority pertained to an investigation under the Foreign Exchange Management Act, 1999.
A detailed overview of the situation is provided below:
| S. No. | Particular | Details |
|---|---|---|
| Name of the listed entity | Vedanta Limited | |
| Type of communication received | Investigation under Foreign Exchange Management Act, 1999 | |
| Name of the Authority from whom communication is received | The Directorate of Enforcement (ED) | |
| Nature and details of the action(s) taken, initiated or order(s) passed | The Search operation was conducted by the Directorate of Enforcement at premises of the Company, initiated on June 01, 2026 at 12:15 PM IST and concluded on June 03, 2026 at 9:55PM IST. | |
| Details of any aberrations/non-compliances identified by the authority in the communication | This search had been conducted under the provisions of the Foreign Exchange Management Act, 1999. | |
| Details of any penalty or restriction or sanction imposed pursuant to the communication | No such penalty or restriction has been imposed. | |
| Period for which communication would be applicable, if stated | Not Applicable | |
| Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority | Refer para (4) above. | |
| Details of violation(s) / contravention (s) committed or alleged to be committed | Refer para (4) above. | |
| Action(s) taken by listed company with respect to the communication | The officers of the Company provided all necessary information, documents and clarification as sought by ED. | |
| Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible | There is no impact on financial, operation or other activities of the Company. |
Regarding compliance, the company confirmed that no penalty or restriction has been imposed following the investigation conducted under the Foreign Exchange Management Act, 1999. The ED search included premises searches and documentation reviews over the specified period. Vedanta Limited reported that its officers cooperated fully, providing all required information and clarifications to the Directorate of Enforcement.
The company also stated that there is no impact on financial, operation or other activities resulting from this investigation.
VEDL Stock Price Movement
Vedanta Limited shares today slipped by 0.32% to settle at ₹327.15, shedding ₹1.05 from the previous closing price. The stock saw active post-market trading, with a total traded volume reaching 10.39 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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