1. Home
  2. Featured
  3. NHPC pays to govt Rs 841 cr as interim dividend
NHPC pays to govt Rs 841 cr as interim dividend

NHPC pays to govt Rs 841 cr as interim dividend

0
0

“NHPC paid an interim dividend of Rs 840.96 crore to the Government of India for the financial year 2019-20 on March 3, 2020,” it said

New Delhi: State-owned hydropower giant NHPC on Wednesday said it has paid Rs 840.96 crore as an interim dividend to the Centre for the financial year 2019-20. NHPC had paid an interim dividend of Rs 526.53 crore to the Government of India for the financial year 2018-19, the company said in a statement.

“NHPC paid an interim dividend of Rs 840.96 crore to the Government of India for the financial year 2019-20 on March 3, 2020,” it said.

The company added that the dividend payout bank advice was presented to Power and New & Renewable Energy Minister R K Singh by NHPC CMD A K Singh on Wednesday, in the presence of Power Secretary Sanjiv Nandan Sahai and Power Joint Secretary (Hydro) Aniruddha Kumar.

The firm’s board of directors in its meeting held on February 7 had declared an interim dividend for the financial year 2019-20 at the rate of Rs 1.18 per equity share, which is 11.80 per cent of the face value.

The company further said that currently, it has about 7 lakh shareholders.

Source: PTI
tags:
Anand Gupta Editor - EQ Int'l Media Network

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *