NTPC pays Total Dividend of Rs. 2061.37 crore for FY 2014-15
NEW DELHI . NTPC Limited paid a total dividend @ 25% of its paid-up capital for the financial year 2014-15, amounting to Rs. 2061.37 crore. The dividend payment is 5th highest among Public Sector Undertakings.
The Company had paid interim dividend @7.5% amounting to Rs. 618.41 crore on February 13, 2015. Today, the Company has paid the final dividend @17.5% amounting to Rs. 1442.96 crore.
The RTGS advice for the transfer of Rs. 1081.61 crore to Government of India, being the share of Government of India in the final dividend, was presented by Shri A. K. Jha, CMD, NTPC to Shri Piyush Goyal, Union Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy today in the presence of Dr. Pradeep Kumar, Joint Secretary & Financial Advisor, MOP, Shri K. Biswal, Director (Finance), NTPC, Shri U. P. Pani, Director (Human Resources), NTPC, Shri S.C. Pandey, Director (Projects), NTPC and Shri K.K. Sharma, Director (Operations), NTPC.
News Must Read
- NCL General Manager (Finance) D Sunil Kumar recommended for SECL Director (Finance)
- Bank of Maharashtra Q4 results, Net Profit increased by 44.95 percent to Rs 1,218 crore
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- LIC cuts stakes in major PSU stocks
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station