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Vedanta Dividend Board approves first interim payout of ₹7 per share; check record date

This will result in a total outgo of u20b92,737 crore for the company. Vedanta Resources, by virtue of its 56.38% stake in the listed entity, will be entitled to a total payout of u20b91,543 crore.Vedanta has set June 24 as the record date for this interim dividend payout.

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Vedanta Dividend Board approves first interim payout of ₹7 per share; check record date

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  1. VEDANTA DIVIDEND: BOARD APPROVES FIRST INTERIM PAYOUT OF ₹7 PER SHARE; CHECK RECORD DATE

  2. INTRODUCTION The board of Anil Agarwal-owned mining conglomerate Vedanta Ltd. has approved a first interim dividend of ₹7 per share at the conclusion of its board meeting on Wednesday, June 18. This will result in a total outgo of ₹2,737 crore for the company. Vedanta Resources, by virtue of its 56.38% stake in the listed entity, will be entitled to a total payout of ₹1,543 crore.

  3. Interestingly, the board meet outcome comes on the day the company sold 1.6% of the total outstanding equity of its subsidiary Hindustan Zinc, for a total consideration of ₹3,023 crore. Vedanta had paid ₹17,000 crore as dividend in financial year 2025 to its shareholders. In absolute terms, the company had paid ₹43.5 per share as dividend.

  4. In a note on May 1 this year, brokerage firm JPMorgan said that for financial year 2026, it anticipates the dividend payout from Vedanta to nearly halve, in comparison to financial year 2025 to ₹25 per share, and remain constant in financial year 2027 as well, at ₹27 per share.

  5. In summary Vedanta has close to 20 lakh retail shareholders, or those with authorised share capital of up to ₹2 lakh, who own a 11.25% stake in the company at the end of the March quarter. Read More :- https://www.cnbctv18.com/market/vedanta-share-price-board-meet-first-interim-dividend-fy26-record-date-promoter-stake-hzl-block-yield-19622684.htm

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