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Vedanta fixes record date for scheme of arrangement

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Capital Market
Last Updated : Apr 13 2017 | 4:47 PM IST

Record date is 27 April 2017

Vedanta announced that the Board of director of the Vedanta has fixed Record Date as 27 April 2017 for the purpose of determining the list of the shareholders of the Cairn India to whom the equity and preference shares of Vedanta will be allotted as per terms of the Scheme. Cairn India shareholders as on said record date, who will become shareholders of Vedanta, would also receive as interim dividend of Rs. 17.70 per equity share as approved by the Board of Vedanta on 30 March 2017.

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First Published: Apr 13 2017 | 4:32 PM IST

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