01-Oct-2026 18:25:59
VISLGeneral news
VEDANTA IRON & STEEL: ESL RECEIVES ADJUDICATION ORDER
• ESL Steel Limited, a subsidiary of Vedanta Iron And Steel Limited, received an Adjudication Order on August 27, 2026. • The order relates to alleged non-compliance with Section 197(15) of the Companies Act, 2013, for FY16-18. • ESL is exempted from penalty under Section 32A of the Insolvency and Bankruptcy Code, 2016. • The adjudication proceedings have concluded. Impact: Neutral (Administrative conclusion of a past management-related adjudication matter with no penalty for subsidiary.)
Vedanta Iron and Steel Limited
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