The board of Hindustan Zinc (HZL), a subsidiary of Vedanta, has approved an interim dividend of ₹16.5 an equity share for FY20 amounting to ₹6,972 crore. Vedanta owns 64.9 per cent stake in the company, while the Centre retains a 29.54 per cent stake.
Hindustan Zinc has intimated that its board of directors, through a resolution passed by circulation on Tuesday, has approved interim dividend on face value of ₹2 per share for the financial year 2019-20 amounting to ₹6,972 crore, Vedanta informed the BSE on Friday. Hindustan Zinc is one of the largest integrated producers of zinc and lead and a leading producer of silver.
Comments
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.