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ED conducts raids at Vedanta offices in Mumbai, Delhi over royalty payments
short by Anmol Sharma / on Tuesday, 2 June, 2026
The Enforcement Directorate conducted raids at Vedanta Group premises in Mumbai and Delhi on Tuesday in connection with a Foreign Exchange Management Act case, reports said. The probe is linked to royalty payments made by Vedanta to its parent company Vedanta Resources, CNBC-TV18 reported. The action comes around a month after Vedanta secured creditors' approval for its demerger plan.
read more at CNBC-TV18