Vedanta shares rise 2%; here’s why
For the first time, Hindustan Zinc has paid a royalty of 1.7% of the annual revenue to Vedanta, which will be used by parent, Vedanta Resources, to pare some of its debt.
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Vedanta shares jump 2% ahead of dividend announcement
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
Vedanta board approves plan to raise ₹2,100 crore by issuing NCDs
The NCDs will be issued on a private placement basis, says Vedanta
Crisil revises Vedanta outlook to 'negative' citing large dividend payout
The dividend payout by Vedanta for fiscal 2023 will be more than ₹40,000 crore, including the recent dividend announced by Hindustan Zinc, says Crisil.
Vedanta Q3 profit tanks 42% to ₹3,092 cr
Vedanta board approves the fourth interim dividend of ₹12.50 per equity share for FY23 amounting to ₹4,647 crore.
Vedanta announces 2nd dividend of ₹19.5 apiece; stock rises 1%
Vedanta’s total payout to stand at ₹7,250 cr; Vedanta says it’ll distribute a minimum of 30% of attributable profit as a dividend
Vedanta hits 52-week high on BSE, NSE post third interim dividend
The rise in Vedanta shares came after the company’s board approved the third interim dividend of ₹13 per share for the current financial year.
