Hindustan Zinc board approves interim dividend of Rs 18 per share for FY22

Vedanta group firm Hindustan Zinc on Tuesday said its board has approved an interim dividend of Rs 18 per equity share for 2021-22, amounting to Rs 7,605.57 crore.

The interim dividend will be paid within stipulated timelines, the company said in a filing to the BSE.

"The board of directors of the company in their meeting held on December 7, has approved an interim dividend of Rs 18 per equity share i.e 900 per cent on the face value of Rs 2 per share for the financial year 2021-22 amounting to Rs 7,605.57 crore," the filing said.

The record date for purpose of determining the eligibility for payment of the interim dividend is December 15.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel