Vedanta Iron & Steel Share Price Today

Vedanta Iron & Steel subsidiary ESL Steel gets penalty exemption under IBC

Vedanta Iron & Steel subsidiary ESL Steel received an adjudication order dated August 28, 2026. ESL Steel is exempted from penalty under Section 32A of the Insolvency and Bankruptcy Code, 2016. Violations relate to remuneration disclosures in FY 2015-16 to FY 2017-18. Former directors and KMPs accepted penalties and will remit as directed by authorities.

Vedanta Iron & Steel subsidiary SMCL receives ₹2.40 lakh PF surcharge

Sesa Mining Corporation Limited received a ₹2,40,284 surcharge order from RPFC Goa. The penalty pertains to investment pattern deviations for FY23–24. Vedanta Iron & Steel states no material impact on business operations. The company is exploring legal remedies to challenge the order.

Vedanta Iron & Steel withdraws seven related-party items from ballot

Vedanta Iron & Steel withdraws seven items from its postal ballot notice. Items involved material related-party transactions with six subsidiaries. Board cites need for further evaluation of transaction scope and classification. E-voting continues for remaining nine items until September 30, 2026.

Vedanta Iron & Steel promoter shares encumbered for $400m bond issue

Vedanta Resources Finance II PLC issued $400 million in Tap Bonds on September 16, 2026. Encumbrance created over 56.38% of Vedanta Iron & Steel's equity share capital. Bond proceeds to be used for repaying outstanding bonds and transaction costs. Credit ratings: Ba3 (Moody's), BB (Fitch), BB- (S&P).

Vedanta Iron & Steel faces ₹28.4 lakh PF surcharge order

Vedanta Iron & Steel received a ₹28,46,261 surcharge order from the Regional Provident Fund Commissioner, Goa. The penalty relates to deviations from notified investment patterns for FY23 and FY24. The order was issued under Section 125 of the Code of Social Security 2020. The company plans to challenge the order legally, citing a strong case on merits. Management states there will be no material impact on business or operations.

Vedanta Iron & Steel seeks approval for ESOP 2026, related party transactions

Vedanta Iron & Steel seeks approval for ESOP 2026 and ESPP 2026 via postal ballot. E-voting period runs from September 1 to September 30, 2026. Plans involve secondary acquisition of shares, ensuring no equity dilution. Shareholders to approve RPTs with subsidiaries like Sesa Resources and ESL Steel. S.R. Batliboi & Co. LLP appointed as statutory auditor for FY27.