Hindustan Zinc board declares second interim dividend of Rs 6 per share

Hindustan Zinc is one of the largest integrated producers of zinc-lead with a capacity of 1.0 million MT per annum

HZL, Hindustan Zinc Ltd
Representative Image. Photo: Twitter @Hindustan_Zinc
Press Trust of India New Delhi
Last Updated : Mar 16 2018 | 3:48 PM IST

Vedanta Group firm Hindustan Zinc (HZL) on Friday said its board has declared an interim dividend of Rs 6 per share for the current financial year.

"The board of directors has approved a second interim dividend of 300 per cent i.e. Rs 6 per share... entailing an outflow of Rs 30.51 billion," the company said in a filing to BSE.

Hindustan Zinc is one of the largest integrated producers of zinc-lead with a capacity of 1.0 million MT per annum and a leading producer of silver.

The company is headquartered in Udaipur, Rajasthan and has zinc-lead mines at Rampura Agucha, Sindesar Khurd, Rajpura Dariba, Zawar and Kayad, primary smelter operations at Chanderiya, Dariba and Debari in Rajasthan and finished product facilities in Uttarakhand.

Shares of HZL were trading 1.55 per cent lower at Rs 313.60 on BSE.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 16 2018 | 3:48 PM IST

Next Story