NLC Paid Interim Dividend to Government

Sarkaritel
By Sarkaritel April 1, 2015 09:46

NLC Paid Interim Dividend to Government


Neyveli Lignite Corporation (NLC) Ltd., a Navratna PSU under Ministry of Coal, Government of India, paid an Interim Dividend of 18% i.e. Rs. 1.80 per share of Rs. 10 each for the financial year 2014-15 to the Central Government. Last year the company paid an interim dividend of 10% in March, 2014.

The Chairman-Cum Managing Director, NLC Ltd., B. Surender Mohan presenting the interim dividend cheque of Rs.271.79 crore to the Minister of State (Independent Charge) for Power, Coal and New and Renewable Energy, Piyush Goyal, in New Delhi on March 31, 2015. The Secretary, Coal, Shri Anil Swarup and the Director (Finance), Rakesh Kumar are also seen.

The Chairman-Cum Managing Director, NLC Ltd., B. Surender Mohan presenting the interim dividend cheque of Rs.271.79 crore to the Minister of State (Independent Charge) for Power, Coal and New and Renewable Energy, Piyush Goyal, in New Delhi on March 31, 2015. The Secretary, Coal, Shri Anil Swarup and the Director (Finance), Rakesh Kumar are also seen.

The total outgo to the company on its paid up capital of Rs. 1677.71 crore is Rs. 301.99 crore. Government of India, who holds 90% of the company’s shares, gets Rs. 271.79 crore.

Shri B. Surendra Mohan, Chairman cum Managing Director of NLC Limited, handed over the interim Dividend cheque for Rs. 271.79 crore to Shri Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy (IC) in the presence of Shri Anil Swarup, Secretary Ministry of Coal and Shri Rakesh Kumar, Director (Finance), NLC.

In addition, Government of India gets dividend distribution tax of Rs. 61.83 crore.

Sarkaritel
By Sarkaritel April 1, 2015 09:46

Search the Website

Advertiser’s Logos

Water Conservation

भारत में कई घरों में देखा जाता है की टंकी भर जाने पर भी लोग पानी का सप्लाई बंद नहीं करते हैं, जिससे काफी पानी बर्बाद होता है।

Sarkaritel.com Interview with U P Singh (IAS), Secretary, Ministry of Jal Shakti & Drinking Water & Sanitation by Ameya Sathaye, Publisher & Editor-in-Chief, Sarkaritel.com

HEALTH PARTNER