Vedanta plans $20 billion capex amid strong dividend commitment
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure plan
- $20 billion
- over the next
- 4-5 years
Vedanta Group chairman Anil Agarwal emphasized a strong commitment to shareholder dividends while announcing a $20 billion capital expenditure plan over the next 4-5 years. This expansion will focus on sectors including aluminium, zinc, oil & gas, power, and steel. The NCLT-approved demerger aims to create five more Vedantas by March 2026, enhancing value without disrupting payouts.
Not investment advice. For informational purposes only.