Business · India Bureau
Vedanta Board Approves Rs 5 Interim Dividend Per Share
Vedanta Limited has approved an interim dividend of Rs 5 per equity share, with a face value of Re 1 each. The company has set a record date for shareholders to qualify for the distribution.
LSN India ·
Vedanta Limited's board of directors has sanctioned an interim dividend of Rs 5 per equity share, the company announced. The dividend applies to the company's equity shares, each carrying a face value of Re 1.
The board approval represents a significant capital return to shareholders as the diversified natural resources company continues to generate strong cash flows from its operations across metals, oil and gas, and power sectors.
Shareholders on the record date established by the company will be eligible to receive the interim dividend. The exact record date and payment schedule are expected to be communicated to stock exchanges and shareholders in accordance with regulatory requirements.
Vedanta, one of India's largest diversified natural resources companies, has maintained a consistent dividend policy aimed at distributing surplus cash to investors while retaining capital for growth initiatives and debt management.