Vedanta subsidiary Hindustan Zinc said its board has approved an interim dividend of ₹18 per equity share for 2021-22, amounting to ₹7,605.57 crore.
The interim dividend will be paid within stipulated timelines, the company said in a filing to the BSE on Tuesday.
“The board of directors of the company in their meeting held on December 7, has approved an interim dividend of ₹18 per equity share i.e 900 per cent on the face value of ₹2 per share for the financial year 2021-22 amounting to ₹7,605.57 crore,” the filing said.
The record date for purpose of determining the eligibility for payment of the interim dividend is December 15.
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
MoreLess