NSEAction(s) taken or orders passed1d ago · 24 Sept 2026, 10:46 am

Action(s) taken or orders passed

Vedanta Iron and Steel Limited · VISL

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Vedanta Iron and Steel Limited has received an order from the Regional Provident Fund Commissioner (RPFC), Goa, levying a surcharge of ₹ 1,97,971/- for FY 2022–24 towards deviation from notified investment pattern. The company's subsidiary, Sesa Resources Limited, is examining the order to explore further legal remedies.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Please refer the enclosed intimation under Regulation 30 of LODR.

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VEDANTAIRONSTEEL_24092026104634_Stock_Exchange_Intimation-Order_from_RPFC_SRLsigned.pdf

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VISL/SEC./SE/2026-27/39 September 24, 2026 To To BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block – G, Dalal Street, Fort Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai – 400 051 BSE Scrip Code: 544784 NSE Scrip Code: VISL Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Dear Sir/Ma’am Pursuant to Regulation 30 read with Sub-para (20) of Para (A) of Part (A) of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”), it is hereby informed that Sesa Resources Limited (“SRL”), a subsidiary of Vedanta Iron And Steel Limited (“VISL” or “Company”) has received an Order on September 23, 2026, at around 11:00 am IST from Regional Provident Fund Commissioner (RPFC), Goa levying a surcharge of ₹ 1,97,971/- for FY 2022–24 towards deviation from notified investment pattern. SRL has a good case on merits against the above Order and is examining the same to explore further legal remedies, including challenging the order before the appropriate forum. The Company does not envisage any material impact on the Company/SRL’s business or operations. The details as required to be provided under Regulation 30 and sub-para 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations, read with SEBI Master Circular No. SEBI circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are enclosed as “Annexure I”. We request you to please take the above on record. Thanking You, Yours faithfully, For VEDANTA IRON AND STEEL LIMITED Tina Lakhani Company Secretary & Compliance Officer Encl.: As above VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777 Annexure I Disclosure under Regulations 30 of the LODR read with Schedule III of the LODR and the Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued by SEBI on January 30, 2026 Sr. Particulars Details 1. Name of the Authority Regional Provident Fund Commissioner (RPFC), Goa 2. Nature and details of the action(s) taken, An Order levying a surcharge of ₹ 1,97,971/- for FY initiated or order(s) passed. 2022–24 towards deviations from notified investment patterns. 3. Date of receipt of direction or order, including September 23, 2026 any ad-interim or interim orders, or any other communication from the authority 4. Details of the violation(s)/ contravention(s) An Order issued pursuant to inquiry under Section committed or alleged to be committed 125 of the Code of Social Security 2020 read with Section 7A of erstwhile Employees’ Provident Fund & Miscellaneous Provisions, Act, 1952 against SRL, levying a surcharge of ₹ 1,97,971/- for FY 2022–24 towards deviations from notified investment pattern. 5. Impact on financial, operation or other SRL is examining the said order to explore further activities of the listed entity, quantifiable in legal remedies, including challenging the order monetary terms to the extent possible before the appropriate forum. The Company does not envisage any material impact on the Company/SRL's business or operations. VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777