Hindustan Zinc Okays 1st Interim Dividend of Rs. 10 For FY26, Record Date On June 17; How To Set Up Trade?

Hindustan Zinc's stock closed at Rs 520.40 a share on the BSE on Wednesday, down 2.49%, with a market value of Rs 2,19,885.60. This followed the announcement of the first interim dividend for FY26 by Hindustan Zinc, a subsidiary of Vedanta Limited and the largest integrated zinc producer in the world as well as a significant producer of silver.

Hindustan Zinc Dividend

"We wish to inform you that the Board of Directors of the Company through a resolution passed by circulation on Wednesday, June 11, 2025, at 12:56 pm, have approved the first Interim Dividend of Rs. 10 per equity share i.e. 500% on face value of Rs. 2/- per equity share for the Financial Year 2025-26. The record date for the purpose of payment of first interim dividend, as already communicated is Tuesday, June 17, 2025 and the first Interim Dividend shall be duly paid within the stipulated timelines as prescribed under law," said Hindustan Zinc in a stock exchange filing on Wednesday, 11th June 2025.

Important Announcement By Hindustan Zinc For Shareholders

"We wish to inform our shareholders that the Company has created a dedicated Shareholders Portal on its website www.hzlindia.com under the 'Investors' tab. Shareholders who wish to avail lower TDS deduction or no TDS deduction on the Interim Dividend declared today, i.e., June 11, 2025, for the Financial Year 2025-26, are requested to upload the requisite documents on the portal for consideration latest by Monday, June 16, 2025, 5:00 PM on the portal itself. Any document received for lower tax deduction/No tax deduction after 05:00 PM on June 16, 2025 will not be considered," Hindustan Zinc informed stock exchanges today.

Hindustan Zinc Share Price Target

"Hindustan Zinc is trading with a mildly positive bias, holding above key support at ₹510. The stock faces immediate resistance at ₹535, and a breakout above that could lead to a move toward ₹555. On the downside, a break below ₹510 could see it test ₹495. The trend is stable, but a strong move is only expected on breakout from the current consolidation zone. Buying on dips toward ₹510-₹515 with a stop-loss at ₹495 may be considered," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

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