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The file date for the dividend eligibility has been fastened as December 24, 2024, in response to a BSE submitting by Vedanta.
Vedanta Dividend: The interim dividend shall be paid inside a stipulated timeline, says the corporate.
Vedanta Ltd on Monday stated its board has authorized the fourth interim dividend for FY25 at Rs 8.5 per fairness share, amounting to Rs 3,324 crore. The file date for the dividend eligibility has been fastened as December 24, 2024.
“…the Board of Directors of Vedanta Limited at its assembly held at present i.e. Monday, December 16, 2024, has thought-about and authorized the Fourth Interim Dividend of Rs 8.5 per fairness share on the face worth of Re 1 per fairness share for the monetary yr 2024-25 amounting to Rs 3,324 crore,” Vedanta stated in a BSE submitting.
The file date for the dividend eligibility has been fastened as December 24, 2024, and the interim dividend shall be paid throughout the stipulated timeline, the corporate said.
This is the fourth interim dividend throughout the present monetary yr. The firm introduced a dividend of Rs 11 in May 2024, Rs 4 in August 2024, and Rs 20 in September.
Shares of Vedanta on Monday fell 1.21 per cent to shut at Rs 513.4 apiece on the BSE. The inventory has nearly doubled in 2024 to this point.
Vedanta reported a internet revenue of Rs 4,350 crore throughout the newest September 2024 quarter, on larger income from metals and a write-back.
