Vedanta Limited, the promoter of Hindustan Zinc Limited (HZL), has disclosed a penalty levied by the Deputy Commissioner of Commercial Taxes, Yeshwanthpur, Bangaluru. The disclosure, dated December 27, 2025, was made under applicable regulations. Details regarding the nature and amount of the penalty are outlined in Vedanta’s related exchange filings, which are available on their website.
Vedanta’s Disclosure of Penalty
Vedanta Limited, the Promoter and holding Company of Hindustan Zinc Limited (HZL), has disclosed a penalty imposed by the office of the Deputy Commissioner of Commercial Taxes, Yeshwanthpur, Bangaluru.
Details of the Penalty
The Deputy Commissioner of Commercial Taxes (Large Taxpayer Unit)-1, 6th Floor, TTMC Building, Yeshwanthpur, Bangaluru – 560022 issued the penalty. The company received an order confirming a penalty of INR 31,52,244 along with Tax demand and applicable Interest. The issue pertains to availment and utilization of ineligible Input Tax Credit and the variance in the turnover declared by the Company in various returns filed during FY 2021-22.
Order Details and Receipt Date
The Order Number is No. DCCT-01/LTU/ADJ-26/2025-26 Ref. No. ZD2912252037495 dated 26/12/2025 and was received by the company on 26/12/2025 at 06:40 PM IST.
Financial Impact
The company is assessing the next course of action and does not expect the Order to have any material financial impact.
Source: BSE
