Vedanta's board meeting on August 21st will consider a second interim dividend. This announcement comes amid challenges to their demerger plan, causing market fluctuations. Retail investors are closely watching.
Dividend Announcement Incoming
Vedanta will hold a board meeting on August 21, 2025, to discuss the second interim dividend for FY25. This move is likely to be welcomed by the nearly 20 lakh retail shareholders who hold a significant stake in the company. The record date to determine eligibility is set for August 27, 2025.
Demerger Plan Delays
Adding to the troubles, SEBI raised red flags about the demerger proposal, accusing Vedanta of modifications after receiving approvals. The National Company Law Tribunal (NCLT) has postponed the hearing on the scheme to September 17, following strong objections from the Centre. This caused Vedanta shares to slide.
Retail Shareholders' Stakes
Vedanta boasts nearly 20 lakh retail shareholders. They hold an 11.25% stake as of the end of the March quarter. For many, this investment signifies a part of their financial planning, making the dividend announcement and demerger situation critical events.
Market Reactions & Concerns
The market reacted negatively to the demerger delays. Vedanta shares dropped by 2.56% to Rs 438.55 on the BSE. The SEBI's objections and the postponed hearing have triggered investor concerns. The delays could impact shareholder value and future payouts.