BSEHighPositive
Announced Wed, 11 Jun · 17:02 IST

Please find enclosed.

Corporate Actions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vedanta Limited informed the stock exchanges that its listed subsidiary, Hindustan Zinc Limited (HZL), has approved its first interim dividend for FY 2025-26 through a board resolution passed on June 11, 2025. HZL declared an interim dividend of ₹10 per equity share, which works out to 500% on the face value of ₹2 per share. The record date for the dividend has been set as Tuesday, June 17, 2025. The dividend will be paid to eligible HZL shareholders within the timelines prescribed under the law. Vedanta, being the parent company of HZL, is passing on this intimation as part of its disclosure obligations.

Likely market impact

This is a routine disclosure from Vedanta about its subsidiary HZL's dividend decision. HZL shareholders will directly benefit from the ₹10 per share interim payout. For Vedanta shareholders, the news is mildly positive since HZL is a key profit-contributing subsidiary, though Vedanta's own dividend policy is not affected by this announcement.