On Monday, the mining company declared its first interim dividend for financial year (FY) 2023-24 worth Rs 18.5 per share. The record date has been set as May 30, 2023. The payout by the mining major towards this will be Rs 6,877 crore, Vedanta said in a regulatory filing to the exchanges.
The central bank subsequently filed an application for initiation of CIRP against the company at the Mumbai bench of the National Company Law Tribunal.