PowerGrid's board will consider a proposal to issue bonus shares to its shareholders on June 17
The board will also approve the financial results of the company for the fiscal year ended on March 31, 2021, in the meeting
.jpg)
Powergrid Logo
New Delhi: Power Grid Corporation of India Ltd (PGCIL) an Indian government electricity board and a Maharatna Public Sector Undertaking owned by the Ministry of Power on Thursday mentioned that the company's board will consider a proposal to issue bonus shares to its shareholders in a meeting scheduled on June 17, according to PTI.
"A meeting of the board of directors of the company will be held on Thursday, 17th June 2021 through video conferencing to consider and approve amongst other items of agenda.....declaration of bonus shares subject to the approval of shareholders of the company," a BSE filing stated.
Besides, the agenda of the board meeting also listed a proposal to recommend a final dividend for 2020-21. The board will also approve the financial results of the company for the fiscal year ended on March 31, 2021, in the meeting, PTI mentioned.
Read Also : RailTel signs MoU with InoviTel and Tsiko Africa for Strategic CollaborationsNews Must Read
- 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
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI