1 week ago
Vedanta Aluminium Begins Crediting ₹8 Interim Dividend to Shareholders
Vedanta Aluminium Metal Limited has announced that it will pay shareholders ₹8 for each share they own.
The payment is an interim dividend for the financial year 2026–27.
The company announced it on 30 July 2026.
Shareholders eligible for the payment were identified using a record date of 5 August 2026.
The total dividend payout is expected to be ₹3,128.55 crore.
The law says the money must be credited within 30 days of the announcement.
This is the first corporate action by the company since it became separately listed after a demerger from Vedanta Limited.
The company also proposed plans to give eligible employees stock options and shares, subject to shareholder approval.
Vedanta Aluminium Metal Limited approved a first interim dividend of ₹8 per equity share for FY2026–27 on 30 July 2026.
The dividend carries a total value of ₹3,128.55 crore and applies to shares with a face value of ₹1.
The company set 5 August 2026 as the record date for determining eligible shareholders.
Under Section 123 of the Companies Act, 2013, the dividend must be credited within 30 days of its announcement.
The company also approved employee stock option and share purchase plans covering up to 5% of its paid-up share capital, subject to member approval.
- Who
- Vedanta Aluminium Metal Limited and its eligible shareholders.
- What
- The company approved and began crediting a first interim dividend of ₹8 per share, while also approving proposed employee share plans.
- Where
- The announcement was made through Indian stock market exchange filings.
- When
- The dividend was approved on 30 July 2026; the record date was 5 August 2026, and payment is due within 30 days of the announcement.
- Why
- The dividend was declared for eligible shareholders for FY2026–27; the employee plans were proposed to provide stock-based benefits to eligible employees.
Key facts
- Dividend per share
- ₹8
- Announcement date
- 30 July 2026
- Record date
- 5 August 2026
- Total dividend amount
- ₹3,128.55 crore
- Financial year
- 2026–27
- Payment deadline
- Within 30 days of the announcement, under Section 123 of the Companies Act, 2013
- Employee plans
- VAML ESOP 2026 and VAML ESPP 2026, covering up to 5% of paid-up share capital subject to member approval
Quotes
Vedanta Aluminium Metal Ltd
The company issuing the exchange filing announcing the interim dividend
“The Board has considered and approved the First Interim Dividend of ₹8/- per equity share on face value of ₹1/- per equity share for the Financial Year 2026-27 amounting to ₹3,128.55 Crores.”
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Sources
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