Hindustan Zinc shares jump 5% after board okays fourth interim dividend of Rs 26 for FY23; Vedanta, LIC gain

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Hindustan Zinc share price surged nearly 5%, touching an intraday high of Rs 325.25 on Wednesday after the companys board on Tuesday approved a fourth interim dividend of Rs 26 per share for FY23, amounting to Rs 10,985.83.

The Hindustan Zincs shareholding pattern for the December 2022 quarter shows promoter Vedanta Ltd owns 2,74,31,54,310 shares of the company..

We wish to inform you that the Board of Directors of the Company in its meeting held on March 21, 2023, have approved: Fourth interim dividend of Rs 26/- per equity share i.e..

The record date for the purpose of payment of the fourth interim dividend, as already communicated is Wednesday, March 29, 2023..

The fourth interim dividend will be paid within stipulated timelines as prescribed under the law, said Hindustan Zinc Ltd..

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