Vedanta Shares Slip After Probe Flags Boiler Lapses in Chhattisgarh Blast

shares declined on Friday following a preliminary probe that highlighted safety lapses at its Chhattisgarh power plant where a boiler explosion killed 20 workers and injured 16 others on April 14. The blast occurred at the company's facility in Singhitarai village when a high-pressure steam tube from the boiler to the turbine suddenly burst. According to the Chief Boiler Inspector's initial report, excessive fuel in the furnace caused abnormal pressure buildup, dislodging a lower pipe and triggering the fatal explosion. Many victims suffered severe burns. The incident has raised serious concerns over maintenance and operational protocols at the plant. Vedanta has initiated an internal review while cooperating with authorities. Shares reacted negatively amid fears of regulatory scrutiny and potential penalties.