Vedanta stock in focus as subsidiary gets ₹1,255 Cr mining demand noticeVedanta stock in focus as subsidiary gets ₹1,255 Cr mining demand notice

Introduction

Leading steel producer’s subsidiary received two notices from Odisha Mines Department for alleged shortfall in production and dispatch at BICO and Feegrade mines. Total demand ₹1,255.37 crore.

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Share price movement of Vedanta

On January 19, 2026, Vedanta Ltd opened at ₹686.95, up 0.29% from its previous close of ₹682.95. The stock hit a high of ₹688.00 (0.74%) and a low of ₹677.15 (0.87%). By 11:12 AM, it traded at ₹683.70, a 0.11% increase, with a market capitalisation of ₹2,67,255.47 crore.

Vedanta Subsidiary ESL Steel Receives Demand Notices

ESL Steel Limited, a Vedanta subsidiary, received two demand notices on January 17, 2026. Notices relate to alleged shortfall in minimum production and dispatch targets for BICO and Feegrade mines.

The notices were issued by the Deputy Director of Mines, Koira Circle, Odisha. The alleged shortfall amount totals ₹1,255.37 crore. ESL Steel is evaluating the notices and related computation in detail.

ESL Steel believes the demands are not sustainable on merits. The company plans to seek legal remedies, including stay and possible quashing of the notices, in compliance with SEBI Listing Regulations.

Stock performance of Vedanta for Period of 1 week, 6 months, and 1 year

Vedanta Ltd gained 8.82% over the past week, rose 49.8% in the past 6 months, and increased 50.4% over the past 1 year.

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Shareholding pattern of Vedanta

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	56.40%	56.40%	56.40%
FII	11.10%	10.60%	11.20%
DII	16.30%	16.50%	16.50%
Public	16.10%	16.40%	15.90%
Others	0.10%	0.10%	0.10%

About Vedanta

Vedanta Ltd (NSE: VEDL) is a diversified natural resources company engaged in minerals, oil & gas, power, steel, and port operations with global operations across six countries.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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