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Vedanta gains 6% as board to consider interim dividend on Saturday

The company said the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Saturday, October 31, 2020

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With today's gain, the stock of Vedanta has recovered 13 per cent in the past four trading days

3 min read Last Updated : Oct 22 2020 | 1:58 PM IST

Shares of Vedanta moved higher by 6 per cent at Rs 107.75 on the BSE in intra-day trade on Thursday after the company said the board of directors is scheduled to meet on Saturday, October 24, 2020, to consider the first interim dividend.

"The board of directors of the Company on Saturday, October 24, 2020, will consider and approve first interim dividend on equity shares, if any, for the financial year 2020-21 (FY21)," Vedanta said in an exchange filing. READ HERE

The record date for the purpose of determining the entitlement of the equity shareholders for the said dividend,

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