The business noted that April 7, 2023, has been set as the record date for establishing the equity shareholders' eligibility for the dividend if announced.
Acquisition done for Rs 18.45 crore.
Vedanta is the parent company of Hindustan Zinc.
The petrochemical complex at Paradip will include a large-scale cracker unit as well as downstream processing units.
Record date for the dividend set at 29th March.
These preference shares are perpetual & non-cumulative.
The company has fixed record date for the payment as March 29, to determine the eligibility of shareholders.
The Scheme has the flexibility to invest in a range of debt instruments and would seek to minimise interest rate risk while avoiding undue credit risks.
The scheme aims to generate risk-adjusted returns through research driven investment approach by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme.
Total dividend that will be paid is Rs 2,630 crore.