New Delhi, June 3 -- Shares of Vedanta and its subsidiary Hindustan Zinc fell 1% each on Wednesday, 3 June, after Anil Agarwal-led company confirmed that officials from the Enforcement Directorate (ED) had visited certain offices of the company and its subsidiary, following media reports regarding a Foreign Exchange Management Act (FEMA) investigation.

The clarification came after stock exchanges sought a response from the mining and metals major regarding news reports claiming that the ED had conducted searches at premises linked to the Vedanta Group.

In a filing to the exchanges, Vedanta stated, "We hereby inform that the Enforcement Directorate team visited some offices of our company and Hindustan Zinc, a subsidiary of the company."...