ANIL AGARWAL-CONTROLLED VEDANTA has approved its fifth interim dividend of 20.50 per share or a total of ₹7,621 crore for FY23 as parent Vedanta Resources seeks to shore up funds to trim debt. With this, the total outgo by way of dividends for FY23 is about 37,733 crore. The record date for the fifth interim dividend is April 7.
The company also said its acting CFO and key managerial personnel Ajay Goel has resigned, effective from April 9, to pursue a career outside of the group. Vedanta will announce the successor in due course.
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