Vedanta’s board approved a second interim dividend of ₹16 per share, implying a cash outflow of ₹6,260 crore ($720 million).
The record date for the dividend has been fixed as August 27, 2025.This comes after the company declared its first interim dividend of ₹7 per share in June 2025, which Citi said was broadly supported by dividend inflows from its subsidiary Hindustan Zinc Ltd. (HZL).
For context, Vedanta distributed a total dividend of ₹43.5 per share in FY25. Citi estimates that the company could declare around ₹40 per share in dividends for FY26.The brokerage added that Vedanta’s stock is likely to move in line with aluminium and zinc LME prices in the medium term. However, concerns over delays in the company’s planned demerger could keep the stock rangebound in the near term.
The National Company Law Tribunal (NCLT) deferred the hearing to September 17 on the company’s proposed demerger. The postponement follows serious objections raised by the Central Government, which claimed the move could hinder its ability to recover dues from the company. Read more about it here
At the end of the June quarter, Vedanta had over 20.3 lakh retail shareholders, or those with authorised share capital of up to ₹2 lakh, who owned over 11.6% stake in the company.
Of the 15 analysts that have coverage on Vedanta, 10 of them have a ‘Buy’ rating, four have a ‘Hold’ rating, while one has a ‘Sell’ recommendation on the stock.
Shares of Vedanta settled 0.36% higher on Thursday, ahead of the dividend announcement, at ₹447.1. On a year-to-date basis, the stock has remained flat.
First Published: Aug 22, 2025 8:55 AM IS
