New Delhi: “Dividend is in my blood,” Vedanta Group chairman Anil Agarwal said, reaffirming commitment to shareholder payouts alongside pursuing the group’s planned USD 20 billion expansion across businesses even after the proposed demerger. The demerger of metals-to-oil conglomerate Vedanta Ltd into separate listed entities is designed to sharpen focus, unlock value and keep cash returns flowing without interrupting its capital expenditure cycle, he told PTI in an interview.

The National Company Law Tribunal (NCLT) on Tuesday approved the plan to split Vedanta into five different listed entities. After the demerger, the base metals business will be housed in Vedanta Ltd, while Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron and Malco Energy housing oil and gas business will be the other four listed entities.

“Dividend is in my blood,” he said. “No matter what happens, there will always be a dividend payout by our companies.” Vedanta remains one of India’s top dividend-yielding large-cap stocks, with dividend income constituting a significant component of shareholder returns in the last few years. Dividend payouts declared in the current 2025-26 fiscal include Rs 7 per share first interim dividend (totalling Rs 2,737 crore) and Rs 16 a share second interim dividend (totalling Rs 6,256 crore).

Vedanta paid a cumulative Rs 29.50 per share in FY 2023-24 through multiple interim dividends and the total dividend payout in FY 2024-25 was around........

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