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Mining giant Vedanta Ltd. stated on Monday that its board has approved a fourth interim dividend of Rs 8.5 per share for FY21, totalling Rs 3,324 crore.
According to a stock exchange filing by the company, the date of registration of interest payment will be December 24, and the payment will be made within the prescribed time frame. The board of directors of Vedanta Ltd., at its meeting today, December 16, 2024, approved a fourth interim dividend of Rs 8.
5 per share with a face value of Rs 1 for the financial year 2024-2024, the company said in a filing to the BSE. Also Read: Stock Market: Sensex Falls 384 points, Nifty Closes 100 Points Down In September, Vedanta declared its third interim dividend of Rs 20 per share. With the initial payouts of Rs 11 and Rs 4 per share, the total interim dividend paid by Vedanta during the current financial year stands at Rs 43.
5 per share. Vedanta shares closed at Rs 526.95 during trading on December 16 due to long-term metallurgical and other operational factors.
The company's market capitalisation also crossed the Rs 2 lakh crore mark this fiscal. Vedanta operates in sectors such as oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium in some countries. Also Read: WPI Inflation Declines To 1.
89% percent In Nov, Food Prices Ease (With PTI's Inputs).
