Conodont faunal dynamics and high-resolution biostratigraphy in the lithologically and faunally anomalous ‘Täljsten’ succession, which spans the Darriwilian Lenodus variabilis–Yangtzeplacognathus crassus Zone boundary, were investigated in a 2·5 m-thick section on Mt Kinnekulle that includes an interval yielding fossil meteorites and extraterrestrial chromite. The previous interpretation that this interval reflects a regression is consistent with the occurrence and abundance patterns of some conodont taxa. The disappearance of e.g., Periodon, suggests that the regression began prior to the deposition of the grey ‘Täljsten’. The transition from red to grey limestone coincides with a conspicuous faunal re-arrangement. The lower half of the ‘Täljsten’ reflects a gradual shallowing favourable for some taxa, such as Lenodus, and the immigration of Microzarkodina cf. ozarkodella and Histiodella holodentata. In the middle of the ‘Täljsten’ interval, coinciding with the appearance of abundant cystoids, conditions became less hospitable for conodonts, resulting in a low diversity and low abundance fauna, which occurs to the top of the interval. The overlying red limestone, apparently deposited during a deepening event, marks a return to pre-‘Täljsten’ conditions with a re-organised fauna. The close correlation between the lithologic shifts and conodont faunal changes demonstrates the usefulness of conodonts as environmental indicators.