Vedanta : Intimation for declaration of first Interim Dividend for FY 2020-21
October 24, 2020 at 10:55 am EDT
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VEDL/Sec./SE/20-21/124
October 24, 2020
BSE Limited
National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers
"Exchange Plaza"
Dalal Street, Fort
Bandra-Kurla Complex, Bandra (East),
Mumbai - 400 001
Mumbai - 400 051
Scrip Code: 500295
Scrip Code: VEDL
Dear Sir(s)
Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
In continuation to our Letter No. VEDL/Sec./SE/20-21/123 dated October 21, 2020 and pursuant to Regulation 30 of Listing Regulations, we wish to inform you that the Board of Directors of the Company through resolution passed by circulation on Saturday, October 24, 2020 have approved First Interim Dividend of ₹ 9.50 per equity share i.e. 950 % on face value of Re. 1/- per share for the Financial Year 2020-21 amounting to c.₹ 3,500 Crores.
The record date for the purpose of payment of dividend is Saturday, October 31, 2020. The interim dividend will be paid within stipulated timelines as prescribed under law.
We request you to kindly take the above information on record.
Thanking you,
Yours sincerely
For Vedanta Limited
Prerna
Halwasiya
Digitally signed by Prerna Halwasiya
Date: 2020.10.24 19:18:12 +05'30'
Prerna Halwasiya
Company Secretary & Compliance Officer
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Vedanta Limited published this content on 23 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2020 14:54:05 UTC
Vedanta Limited is India's leading of nonferrous metal production. Net sales break down by family of products as follows:
- aluminum (32.1%);
- zinc (25.8%);
- copper (11.8%);
- iron ores (3.2%);
- other (5.5%).
The remaining sales (21.6%) are from a energy production and oil and gas exploration activities.
Net sales are distributed geographically as follows: India (65.1%), China (4.2%), Malaysia (5.4%), United Arab Emirates (1.1%) and other (24.2%).