
Vedanta Aluminium Approves Interim Dividend and ESOP/ESPP Plans
Vedanta Aluminium Metal Ltd's Board of Directors has approved a first interim dividend of ₹8 per equity share for FY2026-27, amounting to approximately ₹3,128.55 Crores. The record date for this dividend is August 5, 2026. Additionally, the Board has approved the formulation and implementation of the Vedanta Aluminium Metal Limited - Employee Stock Option Plan 2026 (VAML ESOP 2026) and the Vedanta Aluminium Metal Limited – Employee Share Purchase Plan 2026 (VAML ESPP 2026). These plans, subject to shareholder approval, allow for the granting of options and shares to eligible employees, covering up to 5% of the company's total paid-up share capital. The ESOP 2026 will be implemented via a trust acquiring shares through secondary acquisition.
Key Highlights
- Approved first interim dividend of ₹8 per share for FY2026-27.
- Total dividend payout estimated at ₹3,128.55 Crores.
- Introduced VAML ESOP 2026 and VAML ESPP 2026 for employees.
- ESOP/ESPP plans can cover up to 5% of total paid-up share capital.
- Plans require shareholder approval and will be implemented via a trust.
Price Impact
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