Vedanta will hold a meeting of the Board of Directors of the Company on 31 October 2018.

Powered by Capital Market - Live News

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.

Powered by Capital Market - Live News

Vedanta will hold a meeting of the Board of Directors of the Company on 10 October 2018.

Powered by Capital Market - Live News

Vedanta Ltd fell 6.56% today to trade at Rs 216.65. The S&P BSE Metal index is down 2.93% to quote at 12761.61. The index is down 9.14 % over last one month. Among the other constituents of the index, National Aluminium Company Ltd decreased 6.05% and Hindalco Industries Ltd lost 4.42% on the day. The S&P BSE Metal index went down 9.89 % over last one year compared to the 7.18% surge in benchmark SENSEX.

Vedanta Ltd has lost 6.23% over last one month compared to 9.14% fall in S&P BSE Metal index and 11.18% drop in the SENSEX. On the BSE, 3.15 lakh shares were traded in the counter so far compared with average daily volumes of 15.16 lakh shares in the past one month. The stock hit a record high of Rs 355.7 on 29 Jan 2018. The stock hit a 52-week low of Rs 200.75 on 20 Jul 2018.

Powered by Capital Market - Live News