Vedanta announces first interim dividend of Rs 5 per share for FY27
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Vedanta has announced its first interim dividend of Rs 5 per share for FY27, with a total payout of Rs 1,955 crore. The dividend comes after the companys mega demerger earlier this year. Investors will need to hold Vedanta shares by October 14 to qualify, with October 13 being…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishPost-demerger dividend payout signals shareholder value return, relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Vedanta announced first interim dividend of Rs 5 per share for FY27.
- 02Total payout amounts to Rs 1,955 crore.
- 03Dividend follows mega-demerger completed earlier this year.
- 04Record date is October 14, with last buying day October 13.