Vedanta Iron and Steel (VISL) — Corporate Action

📢 Key Event
Lodha & Co LLP resigns as statutory auditor of ESL Steel Limited effective August 26, 2026

🔄 What Changed
Resignation of statutory auditor of material subsidiary ESL Steel Limited

💡 Investor Takeaway
Shareholders should note auditor change aligns with group structure after demerger but does not impact financials or operations

Vedanta Iron and Steel Limited announced the resignation of Lodha & Co LLP as statutory auditors of its material subsidiary ESL Steel Limited, effective August 26, 2026, to align auditors with the Group Auditor Framework following the demerger of iron ore and steel operations from Vedanta Limited. The resignation facilitates appointment of VISL's auditors to oversee ESL's financial statements.

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About Vedanta Iron and Steel Limited (VISL)

Metals & Mining · Steel · Listed on NSE

Market Cap: ₹14,413.69 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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