Billionaire Anil Agarwal-led Vedanta Group knowledgeable on Thursday that the corporate’s board of administrators will think about the proposal for cost of third interim dividend for the monetary yr 2022-23 within the assembly to be held on 22 November, 2022.
As per the submitting with the exchanges, “Pursuant to Regulation 29 of Itemizing Rules, Discover is hereby on condition that the Board of Administrators of the Firm (the “Board”) on Tuesday, November 22, 2022, will think about and approve Third Interim Dividend on fairness shares, if any, for the Monetary Yr 2022-23.”
The corporate mentioned the document date for the aim of figuring out the entitlement of the fairness shareholders for the mentioned dividend, if declared, is being mounted as Wednesday, 30 November, 2022.
Additional, the buying and selling window shall proceed to stay closed for dealing in securities of the corporate for all designated individuals from Friday, 18 November, 2022 to Thursday, 24 November, 2022, Vedanta mentioned.
Vedanta’s board had introduced the primary interim dividend of ₹31.5 per fairness share i.e. 3,150% of the face worth of Re 1 per share for the monetary yr 2022-23, which was paid in Might 2022.
The corporate had in July paid ₹19.50 per fairness share because the second interim dividend for fiscal 2022-23, amounting to ₹7,250 crore.
On Thursday, shares of Vedanta Ltd closed 1.62% decrease at ₹306.90 apiece on the NSE.
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