Vedanta board to meet on THIS date to consider first interim dividend of FY27; check record date, other details

In a regulatory filing, the company said it will meet on Thursday, October 8, 2026, for the purpose. “…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, October 14, 2026,” Vedanta said in a statement.

Last month, the Vedanta Group’s flagship company considered and approved the issuance of non-convertible debentures (NCDs) on a private placement basis to raise funds aggregating up to ₹3,500 crore from investors.

Vedanta will issue up to 3,50,000 or 3.5 lakh non-convertible debentures, each at a face value of ₹1 lakh apiece in order to raise up to ₹3,500 crore from the fundraising move. The overall fundraising move will be carried out in one or more tranches.

Vedanta share price trends

On Monday, Vedanta shares closed at ₹255.05 apiece on the National Stock Exchange, gaining 1.19%. Over a month’s time, the stock has fallen 5%, while for a six-month period, it has declined 63%.

Shares of the firm had hit a 52-week high of ₹795 on April 21, 2026, and a 52-week low of ₹247.25 on October 1, 2026.

Key points to know

Vedanta Ltd has been trading on a post-demerger basis since April 30, 2026, after the company’s demerger scheme became effective on May 1. April 30 was effectively the ex-demerger date, as May 1 was a stock-market holiday. Under the scheme, Vedanta shareholders received one share each in the four demerged entities for every one Vedanta Ltd share held as of the record date.

The four resulting companies—Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil and Gas, and Vedanta Iron and Steel—were listed and began trading on the NSE and BSE on June 15, 2026. The listing marked the completion of the group's restructuring, with each business now operating as a separate listed entity with its own management, capital allocation and growth strategy.

The rationale behind the demerger is to create focused, sector-specific businesses and simplify Vedanta’s corporate structure.

The company has said the restructuring is aimed at enabling sharper strategic focus, independent capital allocation and greater accountability, while allowing investors to get direct exposure to individual businesses across aluminium, oil and gas, power, and iron and steel.

Vedanta Ltd continues as the parent listed company, housing businesses including Hindustan Zinc and its future-facing ventures.

According to NSE data, as of October 5, 2026, Vedanta has a total market capitalisation of ₹99,734.45 crore.