BusinessVedanta Declares First Post-Demerger Dividend of ₹5 Per Share
Vedanta Limited announced its first dividend since the demerger, declaring an interim payout of ₹5 per share, equivalent to 500%, for fiscal year 2027. The total dividend amounts to approximately ₹1,955 crore. The record date for shareholders is October 14. Despite the announcement, Vedanta's stock declined during Thursday trading due to weak market sentiment.
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