Vedanta Limited has filed a regulatory disclosure regarding a penalty imposed on its subsidiary Hindustan Zinc Limited by the Regional Director. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations following the imposition of a ₹63.90 lakh compounding fee on Hindustan Zinc for Director Identification Number disclosure lapses.

Parent Company Disclosure

Vedanta Limited submitted the regulatory filing on December 17, 2025, informing stock exchanges about the penalty levy on its subsidiary. The company filed the disclosure under Regulation 30 read with Schedule III of SEBI Listing Regulations, specifically under Clause 20 of Para A of Part A of Schedule III.

Regulatory Order on Subsidiary

The Regional Director, North Western Region, Ahmedabad, Ministry of Corporate Affairs, imposed the compounding fee on Hindustan Zinc Limited through an interim order dated December 16, 2025. The order was received via email on December 17, 2025, at 11:35 AM IST.

Nature of 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 compounding fee has been imposed on both the subsidiary company and its ex-Whole Time Directors.

Impact Assessment and Rectification

Hindustan Zinc Limited acknowledged that the lapse was purely inadvertent and has been fully rectified from financial year 2022 onwards, as recognized in the interim order. The subsidiary confirmed no impact on its financial, operational, or other activities due to this penalty.

Vedanta Limited has made the disclosure available on stock exchange websites and Hindustan Zinc's website, ensuring transparency in regulatory compliance matters affecting its subsidiary operations.

Vedanta Limited has made a regulatory disclosure regarding a GST penalty order received by its subsidiary Hindustan Zinc Limited (HZL). The disclosure was made under Regulation 30 of SEBI Listing Regulations, with Vedanta informing stock exchanges about the penalty levy on December 15, 2025.

Regulatory Disclosure Framework

Vedanta Limited filed the disclosure pursuant to Regulation 30 read with Schedule III of SEBI Listing Regulations. The parent company informed both BSE Limited and National Stock Exchange that HZL had made the required disclosure under Clause 20 of Para A of Part A of Schedule III for penalty levy by tax authorities.

GST Penalty Order Details

The penalty order was issued by the Office of the Assistant Commissioner, Central Goods and Service Tax Division-Rudrapur against Hindustan Zinc Limited. The comprehensive order details are:

Nature of Tax Violation

The penalty relates to alleged contraventions in Input Tax Credit availment practices under specific GST provisions:

• Section 16 of CGST Act, 2017
• Section 20 of IGST Act, 2017
• Issues pertaining to financial years 2018-19 and 2019-20

The tax authorities have questioned the company's Input Tax Credit availment practices during these financial years.

Company Response and Appeal Strategy

Hindustan Zinc Limited has outlined its response approach to contest the penalty order. The subsidiary intends to file an appeal before the Appellate Authority within the time limit prescribed under the law. The company expressed confidence in achieving a favorable outcome through the appellate process.

Financial Impact Assessment

Regarding potential financial implications, Hindustan Zinc Limited stated that considering the merits of the case, it does not expect the order to have any material financial impact on the company. Both HZL and parent company Vedanta appear confident in their position for the appeal process.

The disclosure documents are available on stock exchange websites at www.bseindia.com and www.nseindia.com , as well as on HZL's website at www.hzlindia.com .