Please refer the enclosed file.
Awaiting price reaction for this filing.
Vedanta Limited has called its 60th AGM on Thursday, July 10, 2025 at 3:00 PM IST, to be held entirely through video conferencing. Along with the AGM notice, the company has filed its Integrated Annual Report for FY 2024-25, plus a Reporting Suite that includes Tax Transparency, Sustainability, Climate Action, TNFD, and BRSR reports. Shareholders will vote on adopting the audited standalone and consolidated financial statements and confirming total interim dividends of ₹43.50 per equity share for FY 2024-25 (₹11 + ₹4 + ₹20 + ₹8.50 on a ₹1 face value). Resolutions also cover re-appointment of Ms. Priya Agarwal Hebbar (Director, retiring by rotation) and Mr. Arun Misra (Executive Director for June 2025–May 2026), appointment of Sanjay Grover & Associates as Secretarial Auditor for FY26–FY30, and ratification of Cost Auditors' remuneration. Additionally, the company is seeking shareholder approval for material related party transactions: up to ₹3,700 crore per year with Sterlite Electric Limited and up to ₹1,500 crore (over three years) with ESL Steel Limited, both for the period FY26–FY28. The e-voting window runs from 9:00 AM on July 5, 2025 to 5:00 PM on July 9, 2025, with the cut-off date set as July 3, 2025.
Routine AGM filing with no immediate material impact on shareholders. The large related party transaction limits (over ₹5,000 crore combined) signal continued inter-group business activity, while the strong dividend confirmation (₹43.50 per share) reinforces Vedanta's shareholder return track record. Investors should review the FY 2024-25 Integrated Annual Report and Reporting Suite for full financial and ESG performance details.