Live Events(You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channelInvestments in metal major Vedanta at the start of the past 5-year period would have yielded returns of 4.7 times as of today, Chairman Anil Agarwal said in his letter to the shareholders. The returns are a combination of capital appreciation and cash dividends, he added, claiming that metals & mining company has delivered a dividend yield of 81% during this period which is highest amongst all its peers. "Anyone who had invested in Vedanta at the start of the past five-year period would have seen their investments multiplying over 4.7 times to date, both through capital appreciation and cash dividends returned," the letter read.Vedanta shares, which ended at Rs 447.10 on the NSE today, were up by Rs 4.15 or nearly 1% over the previous closing price of Thursday.The last five-year returns of Vedanta stand at a whopping 493% and in the past 1-year, the stock has delivered 65% returns versus Nifty's 2% returns.The mining conglomerate is looking to demerge its businesses - aluminium, oil & gas, power and steel- as separate entities. At present, these businesses are subsumed within Vedanta Ltd, which is an Indian arm of UK-based Vedanta Resources.Post the demerger, every Vedanta shareholder - both retail and institutional - will receive one new share in each of the newly demerged companies.There will be no change in the overall shareholding structure, the letter said. "Vedanta's unique and irreplaceable assets, sector-leading position, strong global management, and financial discipline will ensure a stronger growth trajectory and higher returns going forward.

Source: The Times March 17, 2025 16:34 UTC