Vedanta Aluminium Approves Interim Dividend and ESOP/ESPP Plans
Vedanta Aluminium Metal Limited (VAML) announced its 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 approved the formulation and implementation of the Vedanta Aluminium Metal Limited - Employee Stock Option Plan 2026 (VAML ESOP 2026) and Vedanta Aluminium Metal Limited – Employee Share Purchase Plan 2026 (VAML ESPP 2026). These plans, subject to shareholder approval, allow for granting options to eligible employees for up to 5% of the company's total paid-up share capital, to be implemented via a trust acquiring shares from the open market.
Key Highlights
- Board approved first interim dividend of ₹8 per share for FY2026-27.
- Total dividend payout estimated at ₹3,128.55 Crores.
- New ESOP and ESPP plans (2026) approved for employees.
- ESOP/ESPP 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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