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Mining and metals giant Vedanta Ltd on Wednesday declared a first interim dividend of ₹7 per equity share for the financial year 2025–26, amounting to a shareholder payout of approximately ₹2,737 crore. The announcement was made following the company’s Board of Directors meeting held earlier in the day, with the dividend based on a face value of ₹1 per share.
In a regulatory filing with the stock exchanges under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR), Vedanta confirmed that the record date for determining eligible shareholders has been set for June 24, 2025. The dividend payout will be made within the timelines prescribed by law. The board meeting commenced at 12:30 p.m. IST and concluded at 1:00 p.m. IST.
Vedanta has consistently been one of Dalal Street’s most reliable dividend-paying stocks, known for rewarding shareholders even while executing large-scale capital expenditure programs. The announcement comes amid ongoing corporate restructuring and a planned demerger of its business segments.
Vedanta Sells 1.6% Stake in Hindustan Zinc
Earlier in the day, the company also confirmed that it has sold a 1.6 percent stake in Hindustan Zinc Ltd (HZL) via block deals to institutional investors, raising ₹3,028 crore. Around 7.2 crore shares—equivalent to 1.71 percent equity—changed hands at ₹460.5 per share, a discount of over 5 percent to HZL’s previous close. According to CNBC-TV18, the total deal size stood at ₹3,323 crore. Vedanta later clarified that it had offloaded 66.7 million shares through an accelerated bookbuild process.
Additionally, Vedanta is expected to receive ₹2,679.54 crore from Hindustan Zinc’s recently declared ₹10 per share dividend. Combined with the proceeds from the HZL stake sale, the twin inflows will provide substantial liquidity to support Vedanta’s financial and strategic goals, particularly its ongoing deleveraging efforts and focus on capital discipline.
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