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.
- What is Stock Order : Types, Differences & How Order Works
- India’s Business Activity Hits 3-Month High in Nov Amid Rising Costs
- Trudeau to Cut Sales Tax and Send Checks to Canadians Ahead of Election
- Ashwini Vaishnaw Encourages German Companies to Invest in India
- Flipkart Appoints Dan Bartlett to Board
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.