Vedanta Limited received an Order from Office of The Commissioner of Customs, Chennai-II, Chennai. Nature and details of the action(s) taken, initiated or order(s) passed: The Company in respect of an oil & gas blocks where it is an operator has received an Order from Office of the Commissioner of Customs, Chennai (`Tax Authority'), confirming Fine & Penalty of INR 25,000,000 along with Customs Duty demand and applicable Interest. The issue pertains to rejection on of the exemption on benefit claimed by Company for import of specific goods during Fiscal Year 2022-23 and Fiscal Year 2023-24.

The company's share of demand for Fine & Penalty, based on participating interest of 22.5% for Ravva block and 100% for OALP block, is INR 12,600,000. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: Order No. 107961/2024 dated June 24, 2024 received by the Company on July 6, 2024.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The Company is in the process of filling appeal with CETSAT in this matter.