ED Carries Out Searches At Vedanta Offices In Foreign Exchange Investigation In Delhi, Mumbai
Key points
- ED Carries Out Searches At Vedanta Offices In Foreign Exchange Investigation In Delhi, Mumbai Published By, Last Updated: June 02, 2026, 12:52 IST Vedanta shares erased early gains after news of the searches and were trading 0.3 per cent lower at Rs 336.25 Rapid Read ED conducts searches at Vedanta Group premises The Enforcement Directorate (ED) on Tuesday carried out searches at locations linked to the Vedanta Group in Delhi and Mumbai in connection with an investigation under the Foreign Exchange Management Act (FEMA), officials said.
- The search operations were still underway at the time of reporting.
- Authorities have not yet disclosed the specific nature of the alleged FEMA violations being examined.
- A response from the company was initially awaited.
- Later, a Vedanta spokesperson told ET Bureau, “We are extending full cooperation to the authorities and are providing all information sought.
Quick Summary
ED Carries Out Searches At Vedanta Offices In Foreign Exchange Investigation In Delhi, Mumbai Published By, Last Updated: June 02, 2026, 12:52 IST Vedanta shares
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Key Takeaways
- ED Carries Out Searches At Vedanta Offices In Foreign Exchange Investigation In Delhi, Mumbai Published By, Last Updated: June 02, 2026, 12:52 IST Vedanta shares erased early gains after news of the searches and were trading 0.3 per cent lower at Rs 336.25 Rapid Read ED conducts searches at Vedanta Group premises The Enforcement Directorate (ED) on Tuesday carried out searches at locations linked to the Vedanta Group in Delhi and Mumbai in connection with an investigation under the Foreign Exchange Management Act (FEMA), officials said.
- The search operations were still underway at the time of reporting.
- Authorities have not yet disclosed the specific nature of the alleged FEMA violations being examined.
- A response from the company was initially awaited.
- Later, a Vedanta spokesperson told ET Bureau, “We are extending full cooperation to the authorities and are providing all information sought.
📌 Source: News18
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