Vedanta Share Price Falls 5% Ahead of Board Meet; Record Date March 27, ₹23 Dividend Paid So Far

Vedanta share price fell nearly 5% in early trade on March 23. The stock is in focus as the company’s board is scheduled to meet today to consider a possible third interim dividend.

Investor attention is high as the announcement could impact near-term sentiment.

Record Date Set for March 27

The company has already fixed March 27, 2026 as the record date for the proposed dividend.

This means investors must hold Vedanta shares in their demat account before this date to be eligible for any dividend payout, if announced.

₹23 Dividend Already Paid This Year

So far in the current financial year, Vedanta has distributed a total dividend of ₹23 per share:

• ₹7 per share in June
• ₹16 per share in August

These payouts together resulted in a cash outflow of over ₹8,600 crore.

Shareholding Pattern Remains Key

Vedanta’s shareholding structure is also important for investors:

• Promoter group (Vedanta Resources) holds over 56% stake
• Around 20 lakh retail investors hold more than 11%
• Institutional investors, including LIC and mutual funds, also have significant holdings

Demerger Plans Underway

Apart from dividends, the company is also working on a demerger plan to split its business into separate entities.

This move aims to create independent business verticals across its operations, which could unlock value in the long term.

Read More: Centre Links Additional LPG Allocation to States Promoting Shift to Piped Gas.

Vedanta Share Price Movement

Vedanta share price (NSE: VEDL) was trading at ₹639.65, down ₹32.55 or 4.84% on March 23 (12:18 PM). The stock opened at ₹660.00 and touched an intraday high of ₹660.90 and a low of ₹637.05. The company has a market capitalisation of around ₹2.38 lakh crore and is trading at a P/E ratio of 17.77. It offers a dividend yield of about 8.05%, with a quarterly dividend amount of ₹12.87. Over the past year, the stock has hit a 52-week high of ₹769.80 and a low of ₹363.00.

Conclusion

Vedanta shares are under pressure today as investors await clarity on the dividend announcement. With the record date set for March 27, investors need to hold the stock in their demat accounts to be eligible for any payout, while also keeping an eye on the company’s broader plans like demerger.

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