Hindustan Zinc Limited (HZL), a subsidiary of Vedanta Limited (NSE: VEDL, BSE: 500295), announced a 500% interim dividend of ₹10 per equity share for FY 2025-26 during its June 11, 2025 board meeting. The dividend payout, approved via a circulating resolution, will utilize June 17, 2025, as the record date for shareholder eligibility.
Dividend Announcement Details:
At 12:56 PM on June 11, 2025, the HZL Board of Directors issued a resolution authorizing the first interim dividend of ₹10 per share (face value: ₹2). This follows Vedanta Limited’s earlier intimation to exchanges on June 6, 2025, about the impending dividend decision. Shareholders on HZL’s register by June 17, 2025, will receive payments within statutory timelines under the Companies Act, 2013.
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HZL’s dividend declaration aligns with Vedanta Group’s capital allocation strategy, prioritizing consistent returns to shareholders. The ₹10/share payout represents a 500% dividend yield relative to HZL’s ₹2 face value, reinforcing its position among India’s high-dividend-paying metals firms.
Strategic and Regulatory Context:
As a 64.92% subsidiary of Vedanta Limited, HZL’s dividend policies directly impact Vedanta’s cash flows. This interim payout precedes Vedanta’s own dividend decisions, which typically follow subsidiary distributions. The announcement complies with SEBI Listing Regulations, with disclosures filed on both BSE (Scrip Code: 500188) and NSE platforms.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
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Published on: June 9, 2025 / M Vishnu
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