Vedanta demerger, Oct. 8 -- Anil Agarwal-led Vedanta Limited, on Thursday, announced interim dividend for financial year 2026-27. This is the first dividend announced by the metal giant post Vedanta demerger in May this year. The metal giant has announced a 500% interim dividend for FY27.

The metal stock was trading nearly 2.12% lower during Thursday's trading session as overall market sentiment remained weak amid geopolitical tensions, macroeconomic uncertainty, and elevated bond yields.

Vedanta Limited's board of directors, on Thursday, announced an interim dividend of Rs.5 per equity share with a face value of Re 1 each for FY27. The company's dividend amounted to Rs.1,955 crore.

"We wish to inform you that the Board of Directors of...