Hindustan Zinc declares 2nd interim dividend
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16 March 2018
Vedanta Resources plc
Hindustan Zinc announces second interim dividend
Vedanta Resources plc's subsidiary Hindustan Zinc Limited today announced a second interim dividend. Below is the Hindustan Zinc release.
Hindustan Zinc Limited
"Hindustan Zinc declares second Interim Dividend of 300% or Rs 6 per share"
Udaipur, March 16, 2018: The Board of Directors of Hindustan Zinc has declared second interim dividend of 300% i.e. Rs. 6 on equity share of Rs. 2, entailing an outflow of Rs. 3,051 Crore including dividend distribution tax (DDT). The record date for the dividend will be March 26, 2018.
Together with the interim dividend of Rs 2 per share (100%) paid in October 2017, the aggregate interim dividend being paid by Hindustan Zinc during this financial year will be Rs 8 per share (400%) amounting to Rs. 4068 Crore including DDT. Of this, contribution to the Government of India will be Rs. 1,686 Crore.
For further information, please contact:
Communications | Finsbury |
Arun Arora Head, Corporate Communications Tel: +91 124 459 3000
| Daniela Fleischmann Tel: +44 20 7251 3801 |
Investors |
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Rashmi Mohanty Director - Investor Relations
Sunila Martis Associate General Manager - Investor Relations
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About Vedanta Resources
Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources company. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland and Australia. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of trust, sustainability, growth, entrepreneurship, integrity, respect and care. To access the Vedanta Sustainable Development Report 2017, please visit http://www.vedantaresources.com/media/214366/vedanta_sd_report_2016-17.pdf. For more information on Vedanta Resources, please visit www.vedantaresources.com
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