Vedanta Limited Led by anil aggarwal on December 11 informed that the company's board has approved an interim dividend of Rs 13.50 per equity share after a solid boost for the financial year 2021-22.
The record date of payment of dividend is set to be as December 18, while the sum total of the dividend will amount to Rs 5,019 crore.
As part of the second dividend, its promoters, who have a total share holding of 65.18 percent, would be able to see an inflow of Rs 3,271 crore. Earlier on September 1, Vedanta has approved an interim dividend of Rs 18.50 per equity for the financial year 2021-22.
Dividends are paid to only those shareholders who can appear on a company’s shareholder list before the record date or cut-off date.
“The Board of Directors of the Company on Saturday, December 11, 2021, will consider and approve Second Interim Dividend on equity shares, if any, for the Financial Year 2021-22. Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Saturday, December 18, 2021,” the company said in its statement.
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