Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations')

• Security Code: 500295
• Company: VEDL

In continuation to our letter VEDL/Sec./SE/18-19/07 dated April 10, 2018 and VEDL/Sec./SE/17-18/192 dated March 27, 2018, please take note that the Tamil Nadu Pollution Control Board (TNPCB) vide its order dated May 23, 2018 ordered disconnection of electricity supply and closure of the Company's 'Copper Smelter Plant 1 at Thoothukkudi District, Tamil Nadu' under provisions of Section 33A of the Water (Prevention and Control of Pollution) Act, 1974 and Section 31A of Air (Prevention and Control of Pollution) Act, 1971, with immediate effect. We would also like to inform that the plant was not operating since March 27, 2018 as informed earlier vide the above said letters.

We continue to work with the regulatory authorities, at all time ensuring compliance with the necessary regulations.

In terms of Regulation 30 of the SEBI Listing Regulations, please note that the said Copper Smelter has contributed ~Rs. 1,373 Crore i.e. ~5.4% of the consolidated EBIDTA during the last financial year 2017-18 and the carrying value of property, plant and equipment as at March 31, 2018 was ~Rs. 2,131 Crore i.e.~2% of total assets.

We request you to kindly take the above information on record. We shall keep you informed of any further development.