Vedanta Limited (BSE: 500295, NSE: VEDL) announced on Wednesday, June 18, 2025, that its Board of Directors has approved the first interim dividend of ₹7 per equity share for the financial year 2025-26. This dividend pertains to equity shares with a face value of ₹1 each. The total payout on account of this interim dividend will be approximately ₹2,737 crores.
The company has fixed Tuesday, June 24, 2025, as the record date for the purpose of determining the eligibility of shareholders for the payment of this dividend. The interim dividend will be duly paid within the stipulated timelines as prescribed under applicable law.
Particulars | Details |
---|---|
Dividend per equity share | ₹7.00 |
Face value per equity share | ₹1.00 |
Total Dividend Payout | Approximately ₹2,737 Crores |
Record Date | June 24, 2025 |
Payment Date | To be paid within stipulated timelines as prescribed under law |
Financial Year | 2025-26 |
Dividend Type | First Interim Dividend |
Board's Decision and Meeting Details
The decision to approve the first interim dividend was taken at a meeting of the Board of Directors of Vedanta Limited held on Wednesday, June 18, 2025. According to the company's regulatory filing, the board meeting commenced at 12:30 p.m. IST and concluded at 01:00 p.m. IST on the same day. During this meeting, the Board considered and formally approved the dividend distribution.
This announcement is a continuation of the company's earlier communication, as referenced by Letter No. VEDL/Sec./SE/25-26/45 dated June 13, 2025. Interim dividends are dividends declared and paid by a company before its Annual General Meeting (AGM) and the finalization of its full-year financial statements. Such dividends are typically distributed from a company's profits earned during the period.
Financial Outlay for the Dividend
The payment of this first interim dividend for FY 2025-26 will result in a significant cash outflow for Vedanta Limited, amounting to approximately ₹2,737 crores. This distribution reflects the company's policy of returning value to its shareholders. The dividend of ₹7 per share is calculated on the face value of ₹1 per equity share.
Key Dates and Information for Shareholders
Shareholders of Vedanta Limited should take note of the record date, which is set for Tuesday, June 24, 2025. The record date is crucial as it determines which shareholders are entitled to receive the declared dividend. Investors who own Vedanta Limited shares as of the close of trading on the record date will be eligible for the dividend payment.
The company has stated that the interim dividend shall be duly paid within the stipulated timelines as prescribed under law. Typically, companies in India are required to pay declared dividends within 30 days from the date of declaration. Shareholders can expect the dividend amount to be credited to their registered bank accounts or receive dividend warrants by mail, as per their registered preferences with depositories or the company.
Regulatory Disclosure
This intimation regarding the dividend declaration was made to the National Stock Exchange of India Limited (NSE) and BSE Limited, where Vedanta's shares are listed (Scrip Code NSE: VEDL, Scrip Code BSE: 500295). The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. These regulations mandate listed companies to promptly inform stock exchanges of any price-sensitive information, including dividend declarations, to ensure transparency and fair market practices.
The announcement was signed by Prerna Halwasiya, Company Secretary and Compliance Officer of Vedanta Limited, affirming the authenticity and formal nature of this corporate action.
About Vedanta Limited
Vedanta Limited is a diversified natural resources company. As per the information provided in the communication, the company's registered office is located at: Vedanta Limited, 1st Floor, 'C' wing, Unit 103, Corporate Avenue, Atul Projects, Chakala, Andheri (East), Mumbai - 400093, Maharashtra, India. The company's Corporate Identity Number (CIN) is L13209MH1965PLC291394. For further information, stakeholders can refer to the company's official website at www.vedantalimited.com or contact them via email at comp.sect@vedanta.co.in.
The company has also notified the National Securities Depository Limited and Central Depository Services (India) Limited about this dividend announcement, which is a standard procedure for facilitating the dividend payment process to shareholders holding shares in dematerialized form.