NSENews Verification6d ago · 3 Nov 2026, 12:31 pm

News Verification

Vedanta Limited · VEDL

✦ AI SummaryRegulatory

Vedanta Limited clarifies recent news item regarding Odisha cancelling 28.8 acres of land allotted to the company over non-utilisation. The company states that the land comprises less than 1% of its total land holding and that it is taking steps to resolve the matter. The company assures that it will comply with SEBI Listing Regulations and keep the stock exchange informed of all material information.

Analysis Scores

Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

The Exchange has sought clarification from Vedanta Limited with respect to recent news item captioned Odisha cancels 28.8 acres of land allotted to Vedanta over non-utilisation. The response from the Company is attached.

Attachments (1)

📄

VEDL_03112026123045_VEDLSENewClarificationSigned.pdf

pdf

Download →
View document text
VEDL/Sec./SE/26-27/122 November 03, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza” Dalal Street, Fort Bandra-Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 500295 Scrip Code: VEDL Sub: Clarification/Confirmation on news items appearing in “Media/Publication” Dear Sir/Ma’am, This is with reference to your email dated November 02, 2026 on the captioned subject with respect to recent news item which appeared in the “www.business-standard.com” dated November 02, 2026 captioned “Odisha cancels 28.8 acres of land allotted to Vedanta over non-utilisation”. In this regard, please note that the subject land comprises non-contiguous parcels representing less than 1% of the total land holding of the aluminium operations at Jharsuguda. Pursuant to the demerger, these land parcels form part of the aluminium undertaking transferred to Vedanta Aluminium Metal Limited (VAML). However, pending completion of the formalities for transfer/endorsement of the underlying lease deeds in favour of VAML, the leasehold rights continue to stand in the name of Vedanta Limited (VEDL). There have been exchanges of correspondence between IDCO and the Company regarding alleged non- utilisation of the subject land, to which the Company has responded from time to time and appropriate steps are being taken in relation to resumption/re-allotment of the subject land. Considering the limited extent of the land and the fact that the matter has no impact on the operations, the matter is not considered material. We wish to reiterate that the Company is and will continue to comply with SEBI Listing Regulations and keep the stock exchange(s) duly informed of all material information / events, including price sensitive information(s), in accordance with the applicable provisions. Request you to kindly take the above on record. Thanking you. Yours faithfully, For Vedanta Limited Prerna Halwasiya Company Secretary and Compliance Officer Sensitivity: Internal (C3)