Please refer the enclosed file.
Awaiting price reaction for this filing.
Vedanta Limited has issued the notice for its 60th AGM to be held on Thursday, July 10, 2025 at 3:00 p.m. IST via Video Conferencing. Shareholders will consider adoption of audited standalone and consolidated financial statements for FY 2024-25, and confirm total interim dividends of ₹43.50 per share (₹11 + ₹4 + ₹20 + ₹8.50) for the year. Key special business includes re-appointment of Ms. Priya Agarwal Hebbar (retiring by rotation) and Mr. Arun Misra as Executive Director for one year from June 1, 2025, appointment of M/s Sanjay Grover & Associates as Secretarial Auditor for five years (FY 2025 to FY 2030), and ratification of Cost Auditor remuneration. Shareholders will also be asked to approve material related party transactions: up to ₹3,700 crore per year for three years with Sterlite Electric Limited, and up to ₹1,500 crore for the three-year period with ESL Steel Limited. The Register of Members will remain closed from July 5 to July 9, 2025, with e-voting open from July 5 (9:00 a.m.) to July 9 (5:00 p.m.) on NSDL's platform.
This is a routine AGM notice with no negative surprises. The combined ₹43.50 per share dividend is substantial, and seeking shareholder approval for related party transactions with Sterlite Electric (₹3,700 cr/year) and ESL Steel (₹1,500 cr) is standard practice for Vedanta's group structure — investors should review the explanatory statement for RPT terms before voting.