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Hindustan Zinc to Discuss Second Interim Dividend for FY 2024-25

Hindustan Zinc Limited (HZL) has announced that its Board of Directors will convene on August 20, 2024, to consider the approval of a second interim dividend for the financial year 2024-25. The company has also set August 28, 2024, as the record date for determining shareholder entitlement to the dividend.

Second Interim Dividend Discussion

Hindustan Zinc Limited, one of the largest integrated producers of zinc, lead, and silver, has scheduled a Board of Directors meeting on August 20, 2024. The primary agenda for the meeting is to discuss and potentially approve the second interim dividend on equity shares for the financial year 2024-25.

Record Date Announced

  • Record Date: August 28, 2024
    The record date has been fixed to ensure that only those shareholders whose names appear in the company’s register as of this date will be eligible to receive the declared dividend. This ensures a clear and fair distribution of dividends.

Insider Trading Regulations

In compliance with the Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, Hindustan Zinc Limited has announced the closure of its trading window for all designated persons.

  • Trading Window Closure Dates: August 14, 2024, to August 22, 2024
    This move is aimed at preventing insider trading during the period leading up to and immediately following the Board’s decision on the interim dividend.

Corporate Governance and Compliance

Hindustan Zinc Limited remains committed to adhering to SEBI’s Listing Obligations and Disclosure Requirements, ensuring transparency and timely communication with shareholders and stakeholders.

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