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Vedanta announces Rs 6,580 cr dividend payout

Vedanta announces Rs 6,580 cr dividend payout

Thursday, March 30, 2017, 4:14 PM

Metals and mining major Vedanta Ltd today announced second interim dividend amounting to Rs 6,580 crore for shareholders including those of Cairn India. Both the companies had announced this week that they have received all regulatory approvals for their merger, except the Reserve Bank of India’s nod for an issue of redeemable preference shares to non-resident shareholders of Cairn.
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