Vedanta announces interim dividend of Rs 6,580 cr; re-appoints CEO till Aug

Board also approved K Venkataramanan, former MD of L&T, as independent non-executive director

A week after Hindustan Zinc announced a record dividend of Rs 13,985 crore, another Anil Agarwal group firm Vedanta today announced an interim dividend of Rs 6,580 crore and approved the appointment of K Venkataramanan, former MD of L&T, as independent non-executive director besides re-appointing CEO Thomas Albanese till August 2017 .

The dividend would also be paid to the Cairn India Limited shareholders, who will become shareholders of the company pursuant to the Vedanta and Cairn India merger, on a record date to be fixed after the scheme becomes effective, Vedanta said in a release.

Venkataramanan was CEO & Managing Director,