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Vedanta Suppose to Announce Second Interim Dividend as BOD Meet Next Week

On Thursday, Vedanta Ltd BOD informed the company that it will meet next week on Tuesday, July 19, 2022, and will approve a second interim dividend on equity shares for 2022-23.

The company has maintained a record date to determine the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Wednesday, July 27, 2022.

The board of directors of Vedanta had announced the first interim dividend of Rs 31.5 per equity share, i.e. 3,150 per cent of the face value of Re 1 per share for the financial year 2022-23, which was paid in May 2022.

Indian billionaire Anil Agarwal-led Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading mining and metals companies interested in zinc-lead-silver, Iron ore, Steel, Copper, Aluminium, Power, Oil and Gas.

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