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Vedanta Sets Aug. 21 Board Meeting on Second FY26 Interim Dividend

Eligibility hinges on India’s T+1 cycle, requiring ownership by August 26 if a dividend is declared.

Vedanta dividend on Thursday, August 21: Record date, history, stock price target

Overview

  • The board meets on Thursday, August 21, to consider a second interim dividend for the current financial year.
  • Vedanta fixed Wednesday, August 27, as the record date, which means investors must own shares by Tuesday, August 26, to qualify under T+1 settlement.
  • The company has already paid a first interim dividend of Rs 7 per share for FY26, distributing about Rs 2,737 crore.
  • Brokerages expect continued shareholder payouts, with Nuvama projecting at least Rs 18 per share in additional FY26 dividends and Geojit upgrading the stock to Buy with a Rs 485 target.
  • Analysts also note parent Vedanta Resources has $750 million due in the rest of FY26, a sum they suggest could be addressed through dividends and refinancing.