<p>Vedanta Ltd on Friday said it is evaluating a Sebi order imposing a fine of Rs 5.25 crore on its erstwhile unit, Cairn India for allegedly making a misleading public announcement of buyback of shares on January 14, 2014.</p>.<p>Sebi earlier this week also penalised P Elango, who was the then chief executive officer and director of Cairn, and two other directors, Aman Mehta and Neerja Sharma.</p>.<p>They have been asked to pay Rs 15 lakh each.</p>.<p>"The company has received an adjudication order dated May 19, 2021, from Sebi imposing a penalty... on erstwhile Cairn India Limited (which got merged with Vedanta Limited in 2017) and other notices," Vedanta said in a regulatory filing.</p>.<p>"The company is evaluating the order and shall take appropriate action as may be necessary in this regard." </p>
<p>Vedanta Ltd on Friday said it is evaluating a Sebi order imposing a fine of Rs 5.25 crore on its erstwhile unit, Cairn India for allegedly making a misleading public announcement of buyback of shares on January 14, 2014.</p>.<p>Sebi earlier this week also penalised P Elango, who was the then chief executive officer and director of Cairn, and two other directors, Aman Mehta and Neerja Sharma.</p>.<p>They have been asked to pay Rs 15 lakh each.</p>.<p>"The company has received an adjudication order dated May 19, 2021, from Sebi imposing a penalty... on erstwhile Cairn India Limited (which got merged with Vedanta Limited in 2017) and other notices," Vedanta said in a regulatory filing.</p>.<p>"The company is evaluating the order and shall take appropriate action as may be necessary in this regard." </p>