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.