Vedanta Power Limited has authorized its Key Managerial Personnel (KMPs) to determine the materiality of events or information for the purpose of making disclosures to stock exchanges. This decision, effective June 16, 2026, ensures compliance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The authorization aims to streamline the process of identifying and reporting material events that could impact the company's securities or investors.

Authorized Personnel

The Board of Directors has designated the following executives to assess materiality and handle disclosures:

Regulatory Compliance

The authorization is part of the company's policy for determining the materiality of events or information. By empowering specific KMPs, Vedanta Power Limited adheres to the regulatory framework governing timely and accurate disclosures. The information regarding these authorized personnel is available on the company's official website, www.vedantapower.com .

Vedanta Power Limited reported a net loss of ₹1,713.26 crore for the financial year ended March 31, 2026, compared to a net profit of ₹31.84 crore in the previous year. The company recorded revenue from operations of ₹5,453.18 crore for FY26, up from ₹5,223.40 crore in FY25. The financial performance was significantly impacted by exceptional items amounting to ₹1,737.81 crore, including provisions for statutory impacts of new labour codes and a mega power benefit reversal.

Financial Performance

The company’s total income for FY26 stood at ₹5,497.22 crore, while total expenses increased to ₹5,464.44 crore. Finance costs for the year were ₹606.66 crore, and depreciation and amortisation expenses amounted to ₹444.85 crore. The board of directors approved the audited financial statements for the year ended March 31, 2026, on April 24, 2026.

Operational Highlights and Disclosures

Vedanta Power’s operations are concentrated in a single segment, power generation, with revenue derived primarily from its sole customer, Punjab State Power Corporation Limited (PSPCL). The company reported that it had incurred cash losses of ₹516.94 crore in the current financial year, whereas it did not incur any cash losses in the immediately preceding year. The auditor, S.R. Batliboi & Co. LLP, stated that based on their examination, no material uncertainty exists regarding the company's ability to meet its liabilities as and when they fall due within a period of one year from the balance sheet date.

The company also disclosed that it received a demand for a penalty of ₹83 crore for under-utilization of biomass as a co-fuel during FY 2024-25, against which it has filed an appeal before the National Green Tribunal.