Overview
- Vedanta will convene its board on June 18 to decide on its first interim dividend for FY26
- Shareholders need to own stock by the June 24 record date to qualify for any declared dividend
- The company is likely to offload Rs. 7,500 crore of Hindustan Zinc shares through a block deal managed by DAM Capital and Citi at a discount
- Insiders are barred from trading Vedanta securities under a SEBI-mandated blackout from June 14 through June 20
- In FY25 Vedanta distributed Rs. 43.5 per share totaling over Rs. 17,000 crore and has paid more than Rs. 200 per share over the past four years