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ED searches against Vedanta Group in FEMA case

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....D searches against Vedanta Group in FEMA case<BR>FEMA / RBI<BR>Dated:- 2-6-2026<BR>PTI<BR>New Delhi, Jun 2 (PTI) The Enforcement Directorate has initiated a foreign exchange "violation" investigation ....

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....against global mining conglomerate Vedanta Group and conducted searches at its premises, officials said on Tuesday. It is understood that the raids were launched against the business house, promot....

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....ed by billionaire Anil Agarwal, on Monday. Premises located in Delhi and Rajasthan apart from some other locations have been covered, officials said. The investigation is being conducted under....

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.... the civil provisions of the Foreign Exchange Management Act (FEMA), they said. A Vedanta spokesperson confirmed the ED action and said the company was "extending full cooperation to the authoriti....

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....es and are providing all information sought." "The company remains committed to compliance with all applicable laws and regulations. "As the matter is currently under regulatory process, we are ....

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....unable to comment further at this stage," the spokesperson said. Vedanta Ltd is a leading global producer of metals, critical minerals and technology. The company has operations across India, Afr....

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....ica, the Middle East and East Asia. PTI NES SID DV DV =============<BR> News - Press release - PIB....