Shares of Anil Agarwal-led Vedanta will remain in the spotlight on Monday as the company’s board meets to consider its fourth interim dividend for FY2024-25.

In an exchange filing, the mining major stated, “The meeting of the Board of Directors of the Company is proposed to be scheduled on Monday, December 16, 2024, to consider and approve the Fourth Interim Dividend on equity shares, if any, for the Financial Year 2024-25.”

Vedanta has fixed December 24 as the record date for the fourth interim dividend, if declared

The said board meeting was scheduled to be held in October earlier but was cancelled due to unforeseen circumstances.

In September, the company declared its third interim dividend of Rs 20 per share, following earlier payouts of Rs 11 and Rs 4 per share, bringing the total interim dividend for FY2025 to Rs 35 per share. Since July 23, 2001, Vedanta has declared 45 dividends, according to Trendlyne data.

Vedanta said in its exchange filing that the trading window for dealing in securities of the company shall remain closed from Thursday, December 12, till Wednesday, December 18.

Published on Dec 16, 2024, 07:52:00 AM IST

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