20
Aug
Mumbai, August 20, 2025 — Shares of Vedanta Ltd. fell sharply on Wednesday after the Supreme Court dismissed a plea by its subsidiary, Talwandi Sabo Power Ltd. (TSPL), seeking additional compensation related to the withdrawal of deemed export benefits. The apex court upheld the earlier ruling by the Appellate Tribunal for Electricity (APTEL), stating that TSPL was never legitimately entitled to such benefits. Vedanta’s stock dropped as much as 1.32%, hitting ₹444.15 apiece on the Bombay Stock Exchange (BSE) shortly after the verdict was announced. By midday, the stock was trading 0.19% lower at ₹449.25, reflecting investor concerns over the…
