On Tuesday, the board of directors of Vedanta will consider giving approval for the second interim dividend on its equity shares for the financial year 2022-23.

Further, the company has to add the record date to determine the entitlement of equity shareholders for a said dividend.

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The company has to return cash to every shareholder through an interim dividend in all quarters, final dividend and occasional special dividend.

The board of directors announced the first interim dividend of Rs 31.5 per equity share, i.e. 3,150 per cent, with a face value of Re 1 per share for FY23, which was paid in May last year.

More than 11 per cent were down in a period whereas metal stock has fallen down about 33 per cent in 2022 as against 8 per cent fall in last year same period in benchmark Sensex.