Vedanta board approves interim dividend of Rs 6,877 crore

Vedanta Ltd on Wednesday stated its board has accepted an interim dividend of Rs eighteen.fifty for each fairness share for FY2021-22, amounting to Rs 6,877 crore.

“The board of administrators of the corporation in its assembly held on Wednesday…have accepted first interim dividend of Rs eighteen.fifty for each fairness share i.e. 1850% on deal with value of Re one for each share for the money year 2021-22 amounting to Rs 6,877 crore,” Vedanta Ltd stated in a filing to BSE.

The report day for the reason of payment of dividend September nine. The interim dividend will be compensated within stipulated timelines as approved under law, the filing stated.

Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one particular of the world’s primary diversified purely natural source businesses with enterprise operations in India, South Africa, Namibia, and Australia.

(Only the headline and image of this report may well have been reworked by the Business enterprise Standard staff the rest of the material is car-generated from a syndicated feed.)

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