Anil Aggarwal’s firm Vedanta Restricted has acquired discover from Odisha State Air pollution Management Board. On this, the corporate has been accused of unauthorized disposal of fly ash. Additionally, 71.16 crore or 71,16,53,320 has been demanded from the corporate as environmental composition for alleged violation of the foundations. The discover issued on 10 April 2025 was given beneath the fly ash notification issued by the Ministry of Surroundings, Forest and Local weather Change (Moef & CC). By way of an trade submitting to BSE and NSE, the corporate has said that it firmly refutes the allegations and has an intention of taking applicable authorized steps within the case. Vedanta claims that the Odisha State Air pollution Management Board has taken a choice with out contemplating the corporate’s Compliance File and earlier submissives. There will probably be no main monetary impression information studies, “Vedanta believes that he has a robust matter based mostly on advantage and hopes to get a good outcome.” Additionally stated that he doesn’t count on that the order may have any main monetary impression. On the delay within the revelations about this discover, Vedanta stated that she was assessing the case and investigating the details. Investor account reached past 22 crores on NSE, elevated in simply 6 months, 2 crore Vedanta’s share fell 18 p.c in 2 weeks, Vedanta’s share on April 11 closed at Rs 380.30 with a acquire of two.6 p.c on BSE. The corporate’s market cap is Rs 1.48 lakh crore. The inventory has come down 23 within the final 6 months and 18 p.c in simply 2 weeks. Vedanta had a 56.38 p.c stake in Vedanta until the top of December 2024.
