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The Economic Times

Veer Sharma

Vedanta shares fall after media reports of ED searches at Mumbai, Delhi office

Vedanta Mumbai New Delhi ICRA Vedanta Ltd

Shares of Anil Agarwal-led Vedanta fell over 1% to their day’s low of Rs 333 on the BSE on Tuesday after media reports claimed that the Enforcement Directorate conducted search operations across Vedanta Ltd.'s offices in Mumbai and Delhi.

According to a CNBC TV-18 report, the search operations were carried out regarding the royalty payment made by Vedanta Ltd to its parent company Vedanta Resources.

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