Vedanta pronounces second interim dividend of Rs 16 per share; test file date
The Anil Agarwal firm has set the file date on Wednesday, August 27, 2025.
Vedanta’s first interim dividend was Rs 7 per share which was introduced on June 18. The payout was Rs 2,737 crores.
Vedanta tops the chart as the very best dividend paying inventory. Its dividend yield is 8% and the corporate has paid Rs 35.5 as dividend over the previous 12 months.
The announcement was made after market hours and Vedanta shares at present ended at Rs 447.10 on the NSE, up Rs 1.60 or 0.36% over the Wednesday closing worth.
The corporate is in information after the Nationwide Firm Legislation Tribunal (NCLT) deferred the listening to on its demerger plan to September 17. The transfer adopted “severe objections” raised by the Centre over alleged concealment and non-disclosure of key particulars within the rejig train.In keeping with a CNBC-TV18 report, the Ministry of Petroleum and Pure Fuel flagged considerations that the proposed demerger may compromise the federal government’s skill to get well dues. The ministry alleged situations of income inflation and under-reporting of liabilities on Vedanta’s books.The report additionally famous that the Securities and Alternate Board of India (Sebi) had earlier issued a warning letter to Vedanta after it altered the demerger scheme regardless of having secured prior approvals from inventory exchanges and the regulator — a transfer that was termed a severe breach.In one other setback, the Supreme Court docket dismissed a plea by the Vedanta Group searching for extra compensation for its Punjab-based Talwandi Sabo Energy challenge. The corporate had approached the apex court docket difficult the withdrawal of ‘deemed export’ advantages and sought larger compensation.
The apex upheld the Appellate Tribunal for Electrical energy’s (APTEL) order, ruling that Talwandi Sabo was by no means legitimately entitled to such advantages, a Mint report stated, including that this successfully closes the door on any extra monetary aid from the challenge.
The mining main had posted an 11.7% year-on-year (YoY) decline in its consolidated internet revenue in Q1 to Rs 3,185 crore. Nonetheless, the corporate’s income from operations rose by 5.75% YoY to Rs 37,824 crore, up from Rs 35,764 crore reported a yr in the past.
The web revenue is similar to Rs 3,606 crore posted in the identical quarter of the earlier monetary yr. The web revenue is attributable to the homeowners of the corporate.
