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Vedanta erases ₹1,467 cr from investors' wealth in 5 mins after FIR against chairman
short by Vaishnavi Mishra / on Friday, 17 April, 2026
Vedanta shares wiped out ₹1,467 crore in investor wealth within five minutes of market opening. The decline in the company's market capitalisation followed the filing of an FIR against Chairman Anil Agarwal in connection with the Chhattisgarh power plant explosion case that claimed 20 lives. The FIR alleges death by negligence, negligent conduct with machinery, and common intention, police said.
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