Vedanta Dividend: Company's board to consider first interim dividend for FY26 today; check key details

In its filing to exchanges on June 13, Vedanta said 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 Tuesday, June 24, 2025.

Vedanta Ltd: Recent developments

• Earlier in June, reports said that the mining conglomerate was raising ₹4,100 crore through an unsecured non-convertible debentures to repay existing debt and meet capex needs.

The base issue of ₹4,100 crore, along with a greenshoe option, allows the company to raise up to a total of ₹5,000 crore, as per the placement memorandum.

The proceeds would be used for general corporate purposes, repayment/prepayment of the existing debt and for capital expenditure requirements.

Vedanta is touting its strong cash flows and ongoing growth projects and has already managed to get anchor investors, PTI reported.

Anchor investors for the Series-1 debentures, which have a base issue size of ₹2,250 crore and a greenshoe option of ₹750 crore, include ICICI Prudential MF, Aditya Birla Sun Life MF, Kotak Mahindra MF, and Axis MF.

• In May 2025, Vedanta Group said it would invest ₹30,000 crore in the Northeast in fields of oil and gas, critical minerals, refining facilities, power, optical fibre, system integration, renewable energy, transmission sectors and data centres.

Earlier this year, Vedanta had committed an investment of ₹50,000 crore in Assam.

The investments will be made in the fields of oil and gas, critical minerals, refining facilities, power, optical fibre, system integration, renewable energy, transmission sectors and data centres in the six Northeastern states, Vedanta said in a statement.

• Vedanta Demerger expected by July

In January 2025, it was reported that Vedanta Ltd has pushed back its demerger by a quarter to June-July.

Speaking with PTI, Vedanta's Chief Financial Officer Ajay Goel said that the demerger is in the last stage and the company sees it completed in the months of June-July.

"We see the whole transaction culminating around...June-July. It would be six months from now," the CFO said.

The company had earlier said that the demerger was expected to be completed by the end of FY25.

Remember, Vedanta had earlier said post-demerger its existing businesses will be structured in six independent companies – Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals, and Vedanta Ltd.