Vedanta's BALCO Receives ₹17 Lakh Customs Penalty Order for IGST Rate Violation

1 min read     Updated on 06 Jan 2026, 04:02 PM
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Reviewed by
Naman SScanX News Team
Overview

Vedanta Limited's subsidiary BALCO received a customs penalty order totaling ₹17.00 lakh from Kolkata customs office for incorrect IGST rate application during goods import. The penalty includes ₹2.00 lakh penalty and ₹15.00 lakh fine, plus tax demand and interest. Both companies expect no material financial impact from this order.

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Vedanta Limited has disclosed that its subsidiary Bharat Aluminium Company Limited (BALCO) received a customs penalty order from the Office of the Principal Commissioner of Customs, NSCBI Airport, Kolkata. The order confirms financial penalties totaling ₹17.00 lakh along with additional tax demands and interest charges.

Penalty Details and Nature of Violation

The customs authority imposed the penalty following an investigation into BALCO's import documentation practices. The violation specifically pertains to the levy of incorrect IGST rate in one of the Bills of Entry filed by the company during the import of goods.

Component Amount
Penalty ₹2.00 lakh
Fine ₹15.00 lakh
Additional Components Tax demand and applicable interest
Total Penalty ₹17.00 lakh

Order Receipt and Timeline

BALCO received the customs order through hard copy delivery on January 05, 2026, at 4:00 PM. The order, numbered KOL/CUS/A&A/ADC/IMPORT/GR/01/2026, was originally dated January 01, 2026, by the Principal Commissioner of Customs office in Kolkata.

Financial Impact Assessment

Despite the penalty imposition, both Vedanta Limited and BALCO have assessed that the customs order will not result in any material financial impact on their operations. The companies have evaluated the monetary implications and determined that the penalty amount, while significant in absolute terms, does not constitute a material financial burden relative to their overall business operations.

Regulatory Compliance Disclosure

Vedanta Limited made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements under Clause 20 of Para A of Part A of Schedule III of SEBI Listing Regulations, which mandates reporting of regulatory actions against listed entities and their subsidiaries.

The disclosure was signed by Prerna Halwasiya, Company Secretary and Compliance Officer of Vedanta Limited, ensuring proper corporate governance protocols were followed in communicating this development to the stock exchanges and investors.

Historical Stock Returns for Vedanta

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+0.07%+2.75%+18.63%+35.54%+40.67%+245.09%
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Vedanta Reports Record Q3 FY26 Alumina Production of 794 KT, Aluminum Output at 620 KT

1 min read     Updated on 05 Jan 2026, 09:15 AM
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Reviewed by
Ashish TScanX News Team
Overview

Vedanta reported record Q3 FY26 alumina production of 794 KT at Lanjigarh (+57% QoQ, +22% YoY) and aluminum production of 620 KT (+1% YoY). Nine-month performance showed alumina production of 2,034 KT (+32% YoY) and aluminum output of 1,842 KT (+1% YoY), reflecting strong operational excellence.

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Vedanta has delivered exceptional production performance in Q3 FY26, setting new records in alumina production while maintaining steady aluminum output. The company's operational achievements reflect strong execution capabilities and improved production efficiency across its key facilities.

Record Alumina Production at Lanjigarh

The company's Lanjigarh facility achieved remarkable alumina production of 794 KT in Q3 FY26, establishing a new production record. This performance represents substantial growth across multiple timeframes:

Production Metric: Q3 FY26 Performance
Alumina Production: 794 KT
Quarter-on-Quarter Growth: +57%
Year-on-Year Growth: +22%
Production Status: Record Achievement

The significant 57% quarter-on-quarter increase demonstrates the company's ability to rapidly scale production, while the 22% year-on-year growth indicates sustained operational improvements and capacity optimization.

Aluminum Production Performance

Vedanta's aluminum production for Q3 FY26 reached 620 KT, showing steady performance with a 1% year-on-year increase. This consistent output reflects the company's operational stability in aluminum manufacturing:

Aluminum Metrics: Q3 FY26 Results
Total Production: 620 KT
Year-on-Year Change: +1%
Performance Status: Stable Growth

Nine-Month Cumulative Results

The company's nine-month performance demonstrates strong overall production trends across both product categories. Vedanta achieved impressive cumulative results that highlight sustained operational excellence:

Nine-Month Performance: FY26 Results Growth Rate
Alumina Production: 2,034 KT +32% YoY
Aluminum Production: 1,842 KT +1% YoY

The alumina segment's exceptional 32% year-on-year growth for the nine-month period underscores the significant improvements in production capacity and operational efficiency. The aluminum segment's steady 1% growth reflects consistent production capabilities and market positioning.

Production Excellence and Operational Highlights

Vedanta's Q3 FY26 results showcase the company's commitment to operational excellence and production optimization. Key performance indicators include:

  • Record-breaking alumina production achievement at Lanjigarh facility
  • Substantial quarter-on-quarter growth momentum in alumina segment
  • Consistent aluminum production performance with positive year-on-year growth
  • Strong nine-month cumulative results across both product categories

The company's ability to achieve record production levels while maintaining consistent output across different product segments demonstrates effective operational management and strategic execution capabilities in the metals and mining sector.

Historical Stock Returns for Vedanta

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%+2.75%+18.63%+35.54%+40.67%+245.09%
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