Vedanta shares rally 2% ahead of board meet to consider second interim dividend on August 21

Vedanta shares rallied 2% to their intraday high of Rs 446.90 on the BSE on Tuesday, August 19, after the company announced that its Board of Directors will meet later this week to consider a potential interim dividend for shareholders.

“Pursuant to Regulation 29 of Listing Regulations, Notice is hereby given that the meeting of the Board of Directors of the Company (the “Board”) is proposed to be scheduled on Thursday, August 21, 2025, to consider and approve the Second Interim Dividend on equity shares, if any, for the Financial Year 2025-26,” the company informed the stock exchanges.

In the regulatory filing, Vedanta stated that the Board meeting is scheduled for Thursday, August 21, to deliberate and approve the second interim dividend on equity shares for the financial year 2025-26, if any.

The company further clarified that the record date for determining shareholder eligibility for the proposed dividend has been fixed as Wednesday, August 27. This means that investors holding Vedanta shares as of that date would be entitled to receive the dividend, should it be declared.

“Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Wednesday, August 27, 2025,” it added.

In line with regulatory compliance, Vedanta also informed that its trading window will remain closed for designated persons from Tuesday, August 19, until Saturday, August 23, as per the SEBI regulations.

Also read: Zerodha co-founder Nikhil Kamath invests Rs 137.5 crore in Surat-based Goldi Solar

On Monday, shares of Vedanta closed 1.8% higher at Rs 438.10 on the BSE.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)