Yesterday, the Hindustan Zinc’s board of directors approved an interim dividend of Rs 21 per equity share for 2022-23, amounting to Rs 8,873.17 crore.
According to the company, the interim dividend will be paid within stipulated timelines.
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The record date for interim payment is Thursday, July 21, 2022.
“We wish to inform you that the Board of Directors of the Company, through a resolution passed by circulation on Wednesday, July 13, 2022, have approved an Interim Dividend of ~ 21 per equity share, i.e. 1050 per cent on the face value of~ 2/- per share for the Financial Year 2022-23 amounting to~ 8873.17 Crores,” the statement said.
Meanwhile, the Vedanta group company had earlier this month reported a 14 per cent increase in mined metal production to 2,52,000 tonnes for the first quarter of 2022-23.