VISLVedanta Iron And Steel Ltd.
Vedanta Iron And Steel subsidiary settles two Companies Act compounding orders
- Legal
- steel
Reviewed byRachit TripathiBlacklitt Research
Vedanta Iron And Steel (NSE: VISL) disclosed that its subsidiary ESL Steel Limited received two orders from the Regional Director, Eastern Region, Ministry of Corporate Affairs, compounding an offence under Section 134(3)(f) of the Companies Act, 2013, it said in a filing on 04 Nov 2026. The orders were received on 03 Nov 2026.
What the orders cover
The two orders were passed under Section 441 of the Companies Act, 2013 and relate to non-compliance with Section 134(3)(f) in the Board's Report for FY 2018-19 and the Board's Report for FY 2019-20. The Regional Director has compounded the offence upon payment of the compounding fees specified in the orders and has disposed of the compounding application.
Scale against the company
The company's market value was ₹10,166 crore at the 03 Nov 2026 close of ₹26.00 a share. The compounding fees, the only monetary item the filing refers to, are not stated, so their size against the company cannot be measured from the filing.
Blacklitt's data shows the consolidated net loss of ₹324 crore for Q2 FY27, reported on 27 Oct 2026.
The filings are about different matters.
What the compounding orders mean for Vedanta Iron And Steel's shareholders
The company says the matter has been compounded by the competent authority.
The filing does not say how much the compounding fees are, whether any further action or appeal is pending, or what changes in the company's reporting for the years concerned.
At a glance
| Item | Detail |
|---|---|
| Subsidiary | ESL Steel Limited |
| Authority | Regional Director, Eastern Region, Ministry of Corporate Affairs |
| Orders received | 03 Nov 2026, at around 3:00 p.m. |
| Provision compounded | Section 134(3)(f) of the Companies Act, 2013 |
| Financial years | FY 2018-19 and FY 2019-20 |
| Disclosure date | 04 Nov 2026 |
Filed with NSE on . Reference: Original filing (PDF)
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