Vedanta Limited has issued a clarification regarding a news item pertaining to the transfer of BALCO shares. The company states that the news report is inaccurate and that there is no arbitral award declaring any BALCO share transfer as void. The issue relates to a long-standing dispute with the Indian government, already disclosed in financial statements. The company has approached the Delhi High Court and confirms no new material developments require disclosure.
Clarification on Media Reports
Vedanta Limited has addressed recent media speculation concerning an arbitral award related to the transfer of BALCO shares. The company issued a statement on January 30, 2026, responding to an earlier email seeking clarification.
No Arbitral Award
Vedanta explicitly stated that the news report is incorrect. There is currently no arbitral award that declares any transfer of BALCO shares as void. The matter pertains to an ongoing dispute with the Government of India concerning the ‘call option’ under the Shareholders’ Agreement. This dispute has already been disclosed in the company’s financial statements.
Legal Proceedings
Vedanta has confirmed that it has approached the Hon’ble Delhi High Court as part of normal legal proceedings. The company maintains that there are no new material developments that would require additional disclosure at this time.
Compliance and Disclosure
The company stated that as of January 30, 2026, there is no information or announcement pending that has not been disclosed to the stock exchanges that may have a bearing on the price or volume of the company’s shares. Vedanta confirms that it will continue to comply with listing regulations and keep the stock exchanges informed of all material events, including price-sensitive information.
Source: BSE
