Vedanta 3rd Dividend, Vedanta dividend 2022, Vedanta dividend 2022 record date, Vedanta share news
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Billionaire Anil Agarwal-led mining giant, Vedanta Group on Tuesday approved the third interim dividend of ₹17.50 per share or 1750% for the financial year 2022-23. The filing by the company said the dividend will amount to ₹6,505 crore.
The record date for the same has been fixed as Wednesday, 30 November, 2022.
“We wish to inform you that the Board of Directors of the Company through resolution passed by circulation on Tuesday, November 22, 2022 have approved Third Interim Dividend of ₹ 17.50 per equity share i.e. 1750% on face value of Re. 1/- per share for the Financial Year 2022-23 amounting to c. ₹6,505 crores," the company said in a regulatory filing.
The interim dividend will be paid within stipulated timelines as prescribed under law, the mining major said.
The Mumbai-headquartered company paid its first interim dividend of ₹31.5 per equity share for FY23 to shareholders in May 2022, followed by the second interim dividend of ₹19.5 per share to eligible shareholders in July.
Shares of Vedanta settled 0.81% higher at ₹310.40 apiece on the NSE on Tuesday
