Overview
- Vedanta, which announced the payout Monday, set a Saturday, March 28, 2026 record date and said the dividend will be paid within legally prescribed timelines.
- The third interim dividend is Rs 11 per share, taking the FY26 total to Rs 34 per share and a combined cash outgo of Rs 13,293 crore across three payouts.
- The stock fell around the news, closing Monday at Rs 644.60, down about 4% from the prior close.
- The decision comes as the company works on a demerger to create separate listed entities at a reported 1:5 ratio, a restructuring that investors are watching for its effect on value.
- Eligibility hinges on the record date, and the payout flows largely to the 56% promoter stake, while about 20 lakh retail holders own roughly 11% and institutions such as foreign funds, mutual funds, and LIC also stand to receive distributions.