Among the commodity prices, the metals and the mining group in the flagrant, Vedanta Ltd, said Wednesday that his Council approved a third interim dividend of 13 Rs per share of equity on the nominal value of the nominal value of the nominal value of the Value of 2021-2022, with an amount of 4,832 rupees.

“We wish to inform you that the Board of Directors of the Company by the resolution adopted by the traffic of Wednesday, March 2, 2022 has approved the third interim dividend of 13 Rs by equity action, or 1300% on the nominal value of the Re. 1 / – By sharing for the 2021-22 exercise approaching RS 4,832 crore, “said the deposit.

In a regulatory deposit, the Company stated that the date of registration of the purposes of the dividend payment is Thursday, March 10, 2022.

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The interim dividend will be paid within the deadlines stipulated in accordance with the law, the company stated in a deposit at BSE.

In January, the company had paid 1,350% dividend. It was above 18.50 RS, a pause share as the first interim dividend last September.

The payment will help the Promoter in London of the Company Vedanta Resources, which holds a participation of 69.68% in society.

This year, Vedanta booked $ 15 billion for its incursion into the electronic chip and displays the manufacturing space and plans to increase investment up to $ 20 billion (about 1.5 Core of LaKH).
It expects to deploy display units, to use in mobile phones and electronic devices, by 2024 and electronic chips of Indian manufacturing plants by 2025, the Global General Manager of Vedanta Group Group Direct and Semiconductor Business Akarsh Hebbar said.

“Semiconductor is a long-term company. We look at about $ 10 billion in posting. At present, we are looking at $ 7 billion in semiconductors that can also reach additional $ 3 billion to expand it. First 10 years, we committed to invest up to $ 15 billion. We will evaluate more investments later, “Hebbar said.