Vedanta shares rose 2% following the announcement of a third interim dividend of Rs 20 per share for FY2024-25, amounting to Rs 7,821 crore. The company displayed strong recent performance, with a 97% return over the past year and significant growth in net profit and revenue for the first quarter.
Mutual funds will now have to deploy NFO proceeds within 30 days, says Sebi
The Investment Committee may extend the timeline by 30 business days, providing recommendations to ensure timely deployment and ongoing monitoring. Upon receiving reasons for delays,