The board of billionaire Anil Agarwal-led Vedanta will meet on Tuesday, March 28, to consider fifth interim dividend for this financial year.
The equity shareholders as of April 7 will be eligible for receiving the dividend.
The Trading Window shall be closed for dealing in securities of the company for all designated persons from March 24 to 30, it said.
Vedanta has been announcing dividend liberally to enhance the cash flow of the parent company Vedanta Resources for reducing debt.
Earlier, Vedanta Resources attempted to sell its global zinc asset to group company Hindustan Zinc for $2.98 billion to repay debt. However, the government which holds 30 per cent stake in Hindustan Zinc had opposed the move.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.