NALCO pays final amount of dividend

BHUBANESWAR:  NALCO, which had declared a total dividend of Rs 451.02 crore for 2014-15 forming 35 per cent of paid up capital, today paid the final amount to the central government. The NALCO, CMD, Shri T.K. Chand presented the dividend cheque to the Union Minister for Mines and Steel, Shri Narendra Singh Tomar, in New Delhi on October 28, 2015. The Secretary, Ministry of Mines,

Shri Balvender Kumar and the Additional Secretary, Shri R. Sridharan are also seen The dividend announced by the Navratna PSU included Government of India`s share of Rs 365.01 crore. Of the Rs 365.01 crore payable to the Centre, the company had already paid Rs 260.72 crore as interim dividend in March 2015, a company release said.