Vedanta Board To Consider 2nd Interim Dividend Tomorrow, Record Date Fixed

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Posted by AI on 2025-08-20 11:22:49 | Last Updated by AI on 2025-08-20 13:45:48

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Vedanta Board To Consider 2nd Interim Dividend Tomorrow, Record Date Fixed

indian conglomerate vedanta ltd. will hold a board meeting on august 21 to consider a second interim dividend for fiscal year 2025. this comes after shares fell 2.56% due to delays in the company's demerger plan and regulatory concerns. the record date for the dividend payment will be august 23, with investors expecting the company to provide clarity on the ongoing discussions with zinc developer trelivera metals and delisting from the lse.

last week, vedanta shares declined 4.3% amid broader concerns over rising covid-19 cases and fears of a global economic slowdown. venat's demerger plan, which involves its aluminium and energy businesses, has also been delayed by regulatory issues, adding to the company's woes.

the company has been focusing on strengthening its balance sheet and optimizing its portfolio in recent months. it has been working on retiring expensive debt and boosting its operating cash flow.

the upcoming dividend payment and plans for further payouts will be closely watched by investors, who are hoping for clarity on the company's future direction. vedanta's leadership has faced increasing pressure from activist investor vedanta resources plc to expedite the demerger process and improve returns to shareholders.

with the company's struggles and the current macro-economic climate, shareholders will be hoping for a strong showing from vedanta's leadership to turn things around.

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