Dividend Alert: Vedanta to consider first interim dividend on Oct 8 - Check record date
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Vedanta will consider its first interim dividend on October 8.
- ✓The company fixed October 14 as the record date to check shareholder eligibility.
- ✓This is the first payout since the group split into four entities in June.
Story at a Glance
- Category
- MARKET
- Reported By
- Financial Express
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Anil Agarwal-led Vedanta, said in its regulatory filing that the company has fixed Wednesday, October 14, as the record date for determining the eligibility of shareholders for the interim dividend, if declared by the board.
This will be first dividend after the demerger of the group companies into four different entities in June this year.
Vedanta interim dividend: What shareholders need to know
Shareholders whose names appear as eligible shareholders as of the record date will be entitled to receive the interim dividend, subject to the board approving the payout at its October 8 meeting.
The company has not yet disclosed the amount or per-share dividend. The payout will be determined by the board at the meeting.
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