Board of Vedanta approves payment of dividend on preference shares

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Capital Market
Last Updated : Oct 10 2018 | 6:04 PM IST

Through circular resolution passed on 10 October 2018

The Board of Vedanta through Resolution passed by Circulation on 10 October 2018 have considered the following:

Approved the payment of Dividend on 3,010,000,000 Nos. 7.5% Non-Convertible Non-Cumulative Redeemable Preference Shares ('RPS') of face value of Rs. 10 each (ISIN: INE205A04011) for a period from 01 April 2018 till 27 October 2018, as per their terms of issue;

2.Redemption of the aforementioned RPS due on Saturday, 27 October 2018.

The record date fixed for the purpose of redemption of RPS and payment of dividend is 22 October 2018.

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First Published: Oct 10 2018 | 5:50 PM IST

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