The ED action comes a month after the company won creditor approval for a major demerger, splitting the conglomerate into four entities. | India News

ED conducts searches on Vedanta Group amid ongoing FEMA violation investigation; official statement pending.

Enforcement Directorate conducts searches on Vedanta Group amid ongoing FEMA violation investigation in New Delhi.

The Enforcement Directorate raided Vedanta's Mumbai and Delhi offices, investigating royalty payments to its parent company under the Foreign Exchange Management Act.

While the details of the matter were unclear, the Anil Agarwal-led conglomerate said that it was cooperating with the authorities.

Vedanta shares dipped over 1% following reports of Enforcement Directorate searches at its offices concerning royalty payments to its parent company. This comes after a…

ED conducts FEMA searches on Vedanta Group; the company pledges full cooperation with authorities during the investigation.

Enforcement Directorate officials visited offices of mining conglomerate Vedanta Limited and its subsidiary Hindustan Zinc Limited. The companies confirmed the visits to stock…

A Vedanta spokesperson said the company was cooperating with the authorities. "We are extending full cooperation to the authorities and are providing all information sought. The…

The ED action comes a month after the company won creditor approval for a major demerger, splitting the conglomerate into four entities. | India News

Vedanta confirmed Enforcement Directorate visits to its offices and Hindustan Zinc as part of a FEMA probe, stating full cooperation. This news follows a recent rating upgrade for…

Vedanta and Hindustan Zinc shares drop amid ED searches for alleged foreign exchange violations, raising investor concerns.