Vedanta plans $20 billion capex while prioritizing dividends
after close1 source ↓written by the desknot a recommendation
- capital expenditure
- $20 billion
Vedanta Group chairman Anil Agarwal emphasized a strong commitment to shareholder dividends while planning a $20 billion capital expenditure over the next 4-5 years. This expansion will focus on aluminium, zinc, oil & gas, power, and steel sectors. The NCLT-approved demerger aims to create five more Vedantas by March 2026, enhancing value without affecting payouts.
Not investment advice. For informational purposes only.