Markets regulator Sebi has issued an order for Vedanta, which is under the control of Anil Agarwal, to pay Rs 77.6 crore to Capricorn UK Holdings as interest for the delayed payment of dividend. Vedanta’s current and former top executives have also been banned from the market for 1-2 months for their involvement in the delay. The case originated in 2017 when I-T authorities demanded that Vedanta (then Cairn India) transfer the unpaid dividends to Capricorn UK Holdings due to a tax dispute. Afterwards, Vedanta transferred Rs 666.5 crore to the tax authorities.
Read More: [Sebi Orders Vedanta to Pay Cairn UK Rs 77.6 Crore](https://timesofindia.indiatimes.com/business/india-business/sebi-orders-vedanta-to-pay-cairn-uk-78-crore/articleshow/108445945.cms)
