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Vedanta to pay interim dividend of Rs 11/share
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Vedanta will pay an interim dividend of ₹11/share, which translates into a payout of ₹4,089 crore by the company. The record date for this dividend is December 27, the company said in an exchange filing on Monday.
This is the second interim dividend announced by the company in the current financial year, with the first being ₹18.50/share in May.
UK-based Vedanta Resources Plc is the majority shareholder in Vedanta with a 63.71% stake in the company, and the second interim dividend is expected to bring in over ₹2,600 crore for the parent company.
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