Hindustan Zinc Limited has informed stock exchanges about a penalty levied on its promoter company Vedanta Limited by tax authorities. The latest disclosure was made on December 30, 2025, in compliance with regulatory requirements under SEBI Listing Regulations.

Updated Regulatory Disclosure Details

The company filed the disclosure pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Specifically, the disclosure was made under Clause 20 of Para A of Part A of Schedule III, which pertains to material events that could impact the company.

Promoter Company Impact

Vedanta Limited, which serves as both the promoter and holding company of Hindustan Zinc Limited, received the penalty from the office of Joint Commissioner, CT & GST Circle, Jharsuguda. This represents an updated disclosure following the earlier penalty notification from Bangalore authorities. The penalty details were disclosed by Vedanta Limited to the stock exchanges on December 30, 2025.

Compliance and Transparency

The disclosure demonstrates continued adherence to regulatory transparency requirements. Hindustan Zinc Limited has ensured that all stakeholders are informed about material developments affecting its promoter company that could have implications for the subsidiary.

Document Availability

The complete disclosure documentation is accessible through multiple channels for investor reference. The information has been made available on the websites of both BSE and NSE, as well as on Vedanta Limited's dedicated investor relations portal at https://www.vedantalimited.com/eng/investor-relations-stock-exchange-announcements.php .

The disclosure was signed by Aashhima V Khanna, Company Secretary and Compliance Officer of Hindustan Zinc Limited, ensuring proper authorization and compliance with corporate governance standards.

Hindustan Zinc Limited has completed the payment of ₹63.90 lakh compounding fees following the receipt of a final order from the Regional Director. The company made the payment after receiving the final order on December 30, 2025, concluding the regulatory compliance process that began with an interim order in December.

Final Order and Payment Completion

Hindustan Zinc Limited received the final order from the Office of Regional Director, North Western Region, Ministry of Corporate Affairs on December 30, 2025, at 02:00 PM IST. The company promptly paid the compounding fees aggregating to ₹63.90 lakh, which included amounts imposed on both the company and ex-Whole Time Directors.

Regulatory Timeline and Process

The regulatory process began with an interim order dated December 16, 2025, which was received via email on December 17, 2025. Parent company Vedanta Limited had filed the initial regulatory disclosure under SEBI Regulation 30 on December 17, 2025, at 08:13 PM IST, informing stock exchanges about the penalty levy.

Nature of Compliance Violation

The penalty relates to Hindustan Zinc Limited's failure to mention Director Identification Numbers (DIN) of Directors as required under Section 158 of the Companies Act during financial years 2014-15 to 2020-21. The company acknowledged that the lapse was purely inadvertent and has been fully rectified from financial year 2022 onwards.

Impact Assessment and Current Status

Hindustan Zinc Limited confirmed no impact on its financial, operational, or other activities due to this penalty. The company has maintained transparency by ensuring all required disclosures are available on stock exchange websites, completing its regulatory obligations under SEBI Listing Regulations.