BSEBoard Meeting30 Jul 2026 · 30 Jul 2026, 03:10 pm
Please refer the enclosed file.
Vedanta Ltd · 500295
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Vedanta Ltd's board meeting outcome for the first quarter ended June 30, 2026, has been announced. The company has considered and approved the unaudited consolidated and standalone financial results for the quarter. The report of the auditors is with an unmodified opinion. The financial results and limited review report are available on the company's website.
Analysis Scores
Earnings Impact8/10
Growth Catalyst5/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment6/10
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Vedanta Ltd - 500295 - Board Meeting Outcome for Outcome Of Board Meeting Held On July 30, 2026- Integrated Filing (Financial Results)
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VEDL/Sec./SE/26-27/77 July 30, 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
Scrip Code (Non-Convertible Debentures):
976754, 976755, 976756 and 977639
Sub: Outcome of Board Meeting held on July 30, 2026 – Integrated Filing (Financial Results)
Dear Sir/Madam,
The Board of Directors of Vedanta Limited (the “Company”) at its meeting held today, i.e. July 30,
2026, has inter alia considered and approved the Unaudited Consolidated and Standalone
Financial Results of the Company for the First Quarter ended June 30, 2026.
In this regard, please find enclosed herewith the following:
1. Unaudited Consolidated and Standalone Financial Results of the Company for the First Quarter
ended June 30, 2026 (“Financial Results”);
2. Limited Review Report for Financial Results from the Statutory Auditors of the Company, M/s
M S K A & Associates LLP (formerly known as M S K A & Associates), Chartered Accountants,
in terms of Regulation 33 and 52 of the Securities and Exchange Board of India (“SEBI”) (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time
(“Listing Regulations”);
The report of the Auditors is with unmodified opinion with respect to the Financial Results.
The above shall also be made available on the website of the Company at
www.vedantalimited.com.
Further, pursuant to SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30,
2026 read with relevant circulars issued by stock exchanges in this regard, the following disclosures
are being made:
A. Financial Results – Enclosed
B. Statement on deviation or variation for proceeds of public issue, rights issue, preferential
issue, qualified institutions placement etc. –Not Applicable
C. Disclosure of outstanding default on loans and debt securities – Not Applicable
D. Disclosure of related party transactions (applicable only for half-yearly filings i.e., 2nd and 4th
quarter) – Not applicable for this quarter
E. Statement on impact of audit qualifications (for audit report with modified opinion) submitted
along-with annual audited financial results (standalone and consolidated separately)
(applicable only for annual filing i.e., 4th quarter) – Not Applicable
Sensitivity: Public (C4)
The meeting of the Board of Directors of the Company commenced at 02:30 p.m. IST and
concluded at 03:00 p.m. IST.
We request you to please take the above on record.
Thanking you.
Yours faithfully,
For Vedanta Limited
Prerna Halwasiya
Company Secretary and Compliance Officer
Enclosed: As above
Sensitivity: Public (C4)
MSKA & Associates LLP Magnum Global Park
Unit No-2101-2115A ft B, Floor 21
(Formerly known as MS KA & Associates) Sector-58, Arch View Drive
Gurugram 122011, INDIA
Chartered Accountants
Independent Auditor's Review Report on Consolidated unaudited financial results of Vedanta Limited for
the quarter pursuant to the Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended
To The Board of Directors Vedanta Limited
1. We have reviewed the accompanying Statement of consolidated unaudited financial results of Vedanta
Limited (hereinafter referred to as 'the Holding Company') and its subsidiaries (the Holding Company and
its subsidiaries together referred to as the 'Group'), its associates, joint ventures and joint operations for
the quarter ended June 30, 2026 ('the Statement'), attached herewith, being submitted by the Holding
Company pursuant to the requirements of Regulation 33 and Regulation 52 of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the
Regulations').
2. This Statement, which is the responsibility of the Holding Company's management and has been approved
by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting' ('Ind AS
34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), read with relevant rules issued
thereunder and other recognised accounting principles generally accepted in India and is in compliance
with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE)
2410, 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity' issued
by the Institute of Chartered Accountants of India (ICAI). This standard requires that we plan and perform
the review to obtain moderate assurance as to whether the Statement is free of material misstatement.
A review of interim financial information consists of making inquiries, primarily of Company's personnel
responsible for financial and accounting matters, and applying analytical and other review procedures. A
review is substantially less in scope than an audit conducted in accordance with Standards on Auditing
specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that
we would become aware of all significant matters that might be identified in an audit. Accordingly, we
do not express an audit opinion.
We also performed procedures in accordance with the circular issued by the Securities and Exchange
Board of India under Regulation 33 (8) of the Regulations, to the extent applicable.
4. This Statement includes the results of the Holding Company and the entities as mentioned in Annexure 1.
5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on
the consideration of the review reports of other auditors referred to in paragraph 7 & 8 below, nothing
has come to our attention that causes us to believe that the accompanying Statement prepared in
accordance with the recognition and measurement principles laid down in Ind AS 34 and other recognised
accounting principles generally accepted in India, has not disclosed the information required to be
disclosed in terms of the Regulations, including the manner in which it is to be disclosed, or that it contains
any material misstatement.
Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India
Tel: +91 22 6974 0200 I LLPIN: ACT-3789
Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Hyderabad I Kochi I Kolkata I Mumbai I Pune www.mska.in
MSKA 8: Associates LLP
(Formerly known as MS KA & Associates)
Chartered Accountants
6. We draw attention to Notes 8 (a) and (b) to the accompanying Statement, regarding ongoing investigations
by regulatory authorities including those relating to certain allegations made in a short seller report during
the previous year for which details/records sought by those authorities have been provided by the Group
and management assessment of the implications/ positions of these matters on the accompanying
Statement.
Our conclusion is not modified in respect of this matter.
7. We did not review the interim financial results of 1 subsidiary, located outside India, included in the
Statement, that reflects total revenues of Rs.1,394 Crores, net profit after tax of Rs.174 Crores and total
comprehensive income of Rs. 71 Crores, for the quarter ended June 30, 2026. These interim financial
results has been reviewed and provided to us by another auditor and our conclusion on the Statement, in
so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based solely on
the report of the other auditor and the procedures performed by us as stated in paragraph 3 above.
Our conclusion is not modified in respect of the above matter with respect to our reliance on the work
done by and report of another auditor.
8. We
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