Stock Report

Vedanta Ltd approves 5th interim dividend of Rs. 20.50, CFO resigns

Posted On : 2023-03-28 18:11:18( TIMEZONE : IST )

Vedanta Ltd approves 5th interim dividend of Rs. 20.50, CFO resigns

The Board of Directors of Vedanta Ltd at their meeting held on Tuesday, March 28, 2023 have approved the Fifth Interim Dividend of Rs. 20.50 per equity share i.e., 2050% on face value of Rs. 1/- per share for the financial year 2022-23 amounting to Rs. 7,621 crores.

The record date for the purpose of payment of dividend is Friday, April 07, 2023. The interim dividend will be paid within the stipulated timelines as prescribed under law.

The board has taken note of the resignation of Mr. Ajay Goel from the post of Acting Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company effective from close of business hours on April 09, 2023, to pursue career outside of the Group.

The Company and Board placed on record its appreciation for the commitment and contribution made by him during his tenure and wish him very best for his future endeavours. The Company will announce the details of the successor in due course.

Shares of Vedanta Limited was last trading in BSE at Rs. 274.20 as compared to the previous close of Rs. 272.70. The total number of shares traded during the day was 481472 in over 6182 trades.

The stock hit an intraday high of Rs. 275.80 and intraday low of 270.00. The net turnover during the day was Rs. 131079342.00.

Source : Equity Bulls


Vedanta INE205A01025 VEDL 5th InterimDividend FY2023