Power Finance Corporation pays interim dividend of Rs 1,182 crore to government for ’20-’21

Economy


State-run (PFC) has paid an interim dividend of Rs 1,182.63 crore to the government for financial year 2020-21. “Power Finance Corporation has paid an interim dividend of Rs 1,182.63 crore to government of India for the financial year 2020-21 on March 31st, 2021 on 1,47,82,91,778 number of equity shares (56 per cent) held by the government,” a PFC statement said.

The interim dividend RTGS (real time gross settlement) intimation bank advice was presented to Power Minister R K Singh by Ravinder Singh Dhillon, CMD, PFC in the presence of Power Secretary Alok Kumar on Wednesday.

The interim dividend for FY 2020-21 at the rate of Rs 8 per equity share of face value of Rs 10 each was declared by the board of directors of PFC in its meeting held on March 12, 2021, it added. KKS DRR DRR

Loading...



Source link

Articles You May Like

IBBI notifies prepack insolvency resolution process regulations for MSMEs
FM reviews progress of COVID-19 vaccination among officials of finance, corp affairs ministries
Nike suspends endorsement of Deshaun Watson over sex misconduct allegations
Biden tax plan may spur boost in Roth retirement accounts
Op-ed: There is more pain ahead for tech stocks: Jeff Mills

Leave a Reply

Your email address will not be published.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

Loading...