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Vedanta informs about outcome of board meeting

13 Mar 2018 Evaluate

Vedanta has informed that the Board of Directors of the Company at their meeting held today, have considered and approved the First Interim Dividend of Rs 21.20 per equity share i.e. 2120% on face value of Re 1 per equity share for the financial year 2017-18; Dividend at the rate of 7.5% p.a. on the redeemable preference shares of face value of Rs 10 per preference share as per their terms of issuance. These preference shares were issued on April 28, 2017 and dividend is payable uptil the end of financial year i.e. March 31, 2018; the Record date for the purpose of payment of the First Interim Dividend to equity shareholders and Dividend to Preference shareholders is Wednesday, March 21, 2018; the appointment of U.K. Sinha (DIN: 00010336) as an Additional Non-Executive Independent Director on the Board of the Company for a fixed term effective from close of business hours on March 13, 2018 till August 10, 2021.

The above information is a part of company’s filings submitted to BSE.

Vedanta Share Price

721.10 -14.50 (-1.97%)
24-Apr-2026 16:59 View Price Chart
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