Regulatory Case Closed for Subsidiary with No Financial Impact
Vedanta Iron and Steel Limited · VISL · NSE ·
Subsidiary ESL Steel Limited received an Adjudication Order for a past non-compliance (FY 2015-18) under its "erstwhile management". ESL Steel has been **exempted from any monetary penalty** under the provisions of the Insolvency and Bankruptcy Code, 2016. The penalty will be pai…