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The Economic Times
The Economic Times
Debaroti Adhikary

Vedanta shares jump 3% as firm fixes record date for first dividend after demerger. What to expect?

Vedanta Anil Agarwal Debaroti Adhikary SEBI Hindustan Zinc

Shares of Vedanta jumped more than 3% on Tuesday after the Anil Agarwal-led metals major fixed October 14 as the record date for its prospective first interim dividend for FY27 which its board is set to consider and approve during its meeting scheduled on October 8.

The company announced the record date and the board meeting scheduled for the dividend announcement in an exchange filing released on Monday. Vedanta is typically closely watched by investors for its consistent tradition of dividend payments.

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