Vedanta

Vedanta Ltd on Thursday declared an interim dividend of Rs 5 per share for the current financial year, amounting to about Rs 1,955 crore. This is the company's first interim dividend post-demerger, reinforcing the company's focus on delivering value to shareholders as it enters a new phase as a more focused and diversified natural resources company, the company stated in an exchange filing. "... the board of directors of Vedanta Limited have, today, i.e. October 08, 2026, approved the first interim dividend 2026-27 of Rs 5 per equity share on face value of Rs 1 per equity share for the financial year 2026-27 amounting to Rs 1,955 crore," Vedanta said in the filing. The dividend comes soon after a strong Q2 FY27 operational performance, with Vedanta reporting broad-based momentum across its businesses. The company recorded record quarterly and half-yearly production across key operations, with particularly strong performance in zinc, ferro alloys, ports and aluminium. The performanc

Vedanta will announce its first interim dividend after the demerger on October 8. Vedanta has set Octobr 14 as the diidend record date.

The court held that promissory estoppel cannot compel the state to act against mining law or confer an enforceable commercial right over natural resources held in public trust.

Vedanta Ltd on Wednesday said that it has raised Rs 2,000 crore crore through issuance of non-convertible debentures on a private placement basis. The fundraise is aimed at diversifying the company's funding mix and bolstering its balance sheet as it refinances existing debt. The company said in a regulatory filing that the non-convertible debentures(NCDs) will be unsecured, redeemable, rated and listed, with each debenture having a face value of Rs 1 lakh each. "The duly constituted committee of directors of the company has approved the allotment of 2,00,000 ...denominated unsecured, redeemable, rated, listed non-convertible debentures of face value of Rs 1,00,000 each, aggregating to Rs 20,00,00,00,000 (Debentures) on a private placement basis," the filing said. NCDs are fixed-term, fixed-income corporate debt instruments that raise capital without offering equity conversion options upon maturity. The company's net debt stood at Rs 8,299 crore as on June 30, 2026, Vedanta had ...

Tribal representatives say their position remains unchanged since 2013, when 12 gram sabhas unanimously rejected the proposal to mine bauxite in the sacred hills

Vedanta has urged Odisha to accelerate its proposed ₹1 trillion investment in aluminium projects, including a smelter in Dhenkanal and a refinery in Rayagada.

Nifty Metal fell as West Asia tensions and crude above $108 raised supply-chain and transport cost concerns.

The Supreme Court asked SAT to reconsider Sebi's fraud allegations against Vedanta, citing discrepancies in trading data and contradictions in the regulator's investigation

Water Resources department seeks details of Vedanta's water sources and drawal history amid allegations of unauthorised groundwater and river-water extraction

Vedanta joins other Indian companies that are mulling bond offerings soon amid expectations that the Reserve Bank of India could raise interest rates later this year due to inflation risks

Jatin Gedia expects Nifty to resume its uptrend towards 24,492, while maintaining a bullish view on Bank Nifty.

Mining major Vedanta on Wednesday said it invested more than USD 1 billion in net-zero transition initiatives in FY26, with renewable energy, lower-carbon fuels, energy efficiency and technology-led interventions driving its decarbonisation efforts. As part of this transition, the group's renewable energy utilisation went up 52 per cent year-on-year to 4 billion units (400 crore units) in 2025-26, equivalent to the annual electricity consumption of around 3 crore Indian households. Vedanta now has nearly 2,000 MW of installed and contracted renewable energy capacity and is targeting 2.5 GW round-the-clock renewable energy capacity by 2030. These initiatives, alongside other decarbonisation interventions, helped avoid approximately 3 million tonne of carbon dioxide equivalent emissions in 2025-26, while greenhouse gas emissions intensity across the group's metals and mining production declined by approximately 14 per cent from the 2020-21 baseline, the company said in a ...

The loan tenors range between 6-1/2 years to 7 years with the proceeds to be used to refinance an existing debt that Vedanta Aluminium inherited from the previously integrated company structure

The Central Ground Water Board has asked Odisha to form a joint panel to investigate allegations that Vedanta's Jharsuguda unit extracted groundwater without statutory approvals

CFO says group expects to cut debt by more than Rs 20,000 crore in FY27

Both demerged companies report record operational performance, with higher production, improved margins and stronger balance sheets driving earnings growth

The newly demerged aluminium company reported a sharp rise in first-quarter profit as elevated metal prices and strong demand lift earnings

Continuing operations Ebitda rose 98.5 per cent to ₹8,469 crore, but the demerger means current discontinued operations cover one month against three months in the year-ago quarter

Q1FY27 company results: Firms including Mahindra & Mahindra, Hyundai Motor India, Mazagon Dock Shipbuilders, Mankind Pharma, and Exide Industries are also to release their April-June earnings today

Iron & steel business returns to profit and oil & gas posts strong earnings, while power business slips into loss despite higher revenue