
Anil Agarwal’s Vedanta pledges nearly entire stake in Hindustan Zinc
The metal and mining major pledged 13.94 crore shares or 3.3% stake in its subsidiary Hindustan Zinc on May 22 in favour of Axis Trustee Services
The metal and mining major pledged 13.94 crore shares or 3.3% stake in its subsidiary Hindustan Zinc on May 22 in favour of Axis Trustee Services
In FY23, Vedanta declared a total dividend of ₹101.50 per share, which amounted to ₹37,730 crore, the highest ever by Anil Agarwal-led mining firm
The NCDs will be issued on a private placement basis, says Vedanta
The mining company declared fifth interim dividend of ₹20.50 per equity share for the financial year ended March 31, amounting to ₹7,621 crore.
With the fifth dividend, Vedanta’s total outgo for the current fiscal will be ₹101.5 per share, which amount to ₹37,730 crore, the highest ever by the company.
Vedanta recently assured investors that it has a "tremendous asset" base, which delivers high cash flows. With current loan repayment, encumbrance has been released, says Vedanta
The market capitalisation of the Anil Agarwal-led company slipped below ₹1 lakh crore marks amid continued fall in Vedanta shares for the last eight sessions.
Vedanta board approves the fourth interim dividend of ₹12.50 per equity share for FY23 amounting to ₹4,647 crore.
Anil Agarwal-led mining company has reported a 60.8% YoY decline in consolidated net profit at ₹1,808 crore for Q2 FY23, weighed down by lower commodity prices and rise in operating expenses
Vedanta has clarified that the proposed business of manufacturing semiconductors will be undertaken by its holding company, Volcan Investments.