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Vedanta outstanding dividend payment: SAT stays SEBI order

The market regulator had asked Vedanta India, earlier known as Cairn India Ltd, to pay Cairn UK Holdings Limited (CUHL) Rs 77.62 crore plus a simple interest of 18 percent per annum, for delayed payment of dividend

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SEBI Asks Vedanta India to Pay Penalty for Late Dividend Payout India Infoline

The company stated in the filing that it is "in the process of taking appropriate legal steps in respect of the same".

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Vedanta Shares Drop After Sebi Asks Company To Pay Rs 77 6 Crore To Cairn For Delayed Dividends

The regulator also barred Vedanta directors, including vice-chairman Navin Agarwal, from India s securities markets for two months.

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Late dividend payout: Vedanta asked to pay Cairn UK Rs 77 62 crore

Late dividend payout: Vedanta asked to pay Cairn UK Rs 77 62 crore
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SEBI asks Vedanta India to pay Cairn UK Holdings Rs 77 62 cr for late dividend payout

SEBI said Vedanta must make the payment within 45 days or face further action

New delhiUnited kingdomNavin agarwalPriya agarwalRaman mehtaTarun jainThomas albaneseRavi kantBarun kumarLalitad gupteCairn indiaCairn united kingdom holdings limitedIncome tax departmentInternational taxationExchange board of indiaCairn india ltd