If you also invest in the shares of Vedanta Limited, a company owned by veteran industrialist Anil Aggarwal, then there is a big and useful news for you. The company is once again preparing to fill the pockets of its investors. An important meeting of Vedanta’s board is going to be held to approve the third interim dividend on equity shares for the financial year 2025-26.
What is ‘record date’?
This important meeting of the Board of Directors of Vedanta has been scheduled for Monday, March 23, 2026. On this day it will be decided how much dividend will be given per share to the investors. According to the rules of the market regulator, if the board gives the green signal to this dividend proposal, then the shareholders eligible for it will be identified.
The company has officially fixed Saturday, March 28, 2026 as the ‘record date’. This simply means that only those investors who have Vedanta shares in their demat accounts till March 28 will get the direct benefit of this dividend. Further, in strict compliance with the norms of corporate governance and insider trading, the Company has completely closed the trading window for its designated officers and employees from March 19 to March 25, 2026.
Where is this bumper dividend coming from?
Any company can distribute dividends to its investors only when its core business is doing well and is continuously profitable. The recent December quarter results of Vedanta Limited testify to this. A spectacular increase of 60.1 percent has been recorded in the net profit of the company in the third quarter.
While the company had earned a profit of Rs 3,547 crore in the same period last year, this time this figure has jumped to beyond Rs 5,710 crore. Not only the profit, but also the company’s revenue has seen tremendous strength. On an annual basis, revenue has increased by 19 percent from Rs 38,526 crore to Rs 45,899 crore. It is clear from these strong financial figures that the company has strong cash flow, which it is now going to share with its shareholders.
What is the condition of Vedanta shares?
Along with dividends, the movement of shares also matters a lot for stock market investors. On March 19, at around 1 pm, the shares of Vedanta Limited are trading at Rs 670, down by 1.29 percent due to heavy selling on the National Stock Exchange (NSE). On the previous day, on March 18, the stock had closed at Rs 679 with a decline of 2.91 percent.
However, if we look at the long term perspective, this stock has earned huge profits for the investors. In the last six months, when there was an environment of weakness and uncertainty in the entire stock market, Vedanta has given strong returns of about 48.80 percent to its investors.
How is the business model of the company?
Vedanta Limited is basically a leading global company in the field of natural resources. Its main business is spread in mining and metals sector. The basic things which are most needed in the infrastructure and industrial development of the country. Like zinc, aluminium, copper and iron ore, Vedanta produces and processes them on a large scale. Along with this, the company is also active in oil-gas exploration and power generation and many other industrial activities.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsh advises its readers and viewers to consult their financial advisors before taking any money related decisions.