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News Topical, Digital Desk : Shares of Anil Agarwal-led mining company Vedanta Limited will be in focus on Monday, March 23, 2026. The company's board meeting will consider a third interim dividend for shareholders. The record date for this proposed dividend is Friday, March 27.
Vedanta Dividend Latest News
Vedanta has already paid its shareholders a dividend of ₹23 per share for the 2026 fiscal year. This included the first interim dividend (Vedanta Interim Dividend Stock) of ₹7 per share declared on June 18, 2025, which paid out over ₹2,400 crore. This was followed by a second interim dividend of ₹16 per share in August, which paid out over ₹6,200 crore.
Vedanta Resources holds a majority stake.
Promoter Vedanta Resources retains a majority stake in the company. There are plans to demerge the company into five separate entities. Vedanta Resources holds a 56.38 percent stake. As of the end of the December quarter, Vedanta Limited had 19.75 lakh small retail investors with authorized share capital of up to ₹2 lakh. These investors held an 11.2 percent stake in the company. Foreign institutions held 12.5 percent, LIC held about 5 percent, and Indian mutual funds held 8.4 percent.
Vedanta Stock Price News
On January 30, brokerage firm Citi set a target price of ₹900 per share for Vedanta and estimated a dividend of ₹40 per share for the financial year 2026. ₹23 per share has already been paid, so Citi estimates that a further dividend of ₹17 per share could be received. Vedanta Limited shares closed 0.3 percent higher at ₹667.3 on Friday. The stock is down 13 percent from its recent record high of ₹769.8, but has gained 11 percent so far in 2026.
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