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Board of Vedanta approves payment of dividend on preference shares

Capital Market 

Through circular resolution passed on 10 October 2018

The Board of 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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 10 2018. 17:50 IST