Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Sep 02, 2024

Vedanta Approves Third Interim Dividend Worth Rs 7,821 Crore For FY25

Vedanta Approves Third Interim Dividend Worth Rs 7,821 Crore For FY25
Image For Representation Purposes(Source: micheile henderson/ Unsplash)

The board of directors of Vedanta Ltd. approved the third interim dividend of Rs 20 per equity share on a face value of Rs 1 apiece on Monday, totalling Rs 7,821 crore, for the current financial year.

The record date for the purpose of payment of dividends will be Sept. 10. The interim dividend will be duly paid within the stipulated timelines, according to an exchange filing on the board meeting.

On May 16, it declared the first interim dividend of Rs 11 apiece on the face value of Re 1 per equity share for the fiscal, amounting to Rs 4,089 crore. The second interim dividend for the period was announced on July 26 at Rs 4 per equity share—on a face value of Rs 1 each—and it totalled to Rs 1,564 crore. 

Shares of Vedanta closed 1.06% lower at Rs 463.30 apiece on the BSE, compared to a 0.24% advance in the benchmark Sensex.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search