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Vedanta shares gain after board approves second interim dividend for FY24

Vedanta board members will meet on December 19 to consider and approve the proposal for issuance of non-convertible debentures (NCDs) on a private placement basis

vedanta dividend news: Vedanta to pay Rs 11/share interim dividend; record date fixed at December 27

The dividend of Rs 11 a share will result in a cumulative payout of Rs 4,089 crore, the company said in an exchange filing. The companys board will be meeting again on Tuesday to consider and approve fundraising through the issue of non-convertible debentures.

Vedanta declares first interim dividend for FY24; details here

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