IREL issues 100% bonus shares and pays Interim dividend to Secretary, DAE

IREL issues 100% bonus shares and pays Interim dividend to Secretary, DAE

New Delhi: IREL (India) Limited, a CPSE under DAE, issued 100% equity bonus shares amounting to Rs 86.36 Crore. IREL also paid to the Government of India an interim dividend of Rs. 50.00 Crore for the year 2020-21. Despite the pandemic COVID-19 situation, IREL made all efforts in 2020-21 to sustain the performance achieved during the previous year 2019-20 and similarly complied with the advisory issued by DIPAM to pay an interim dividend. 

On the occasion, share certificate for allotment of bonus shares and the interim dividend cheque of Rs. 50 Crore were presented to Shri K.N. Vyas, Chairman, AEC, and Secretary, DAE by Shri D. Singh, CMD, IREL in the presence of Shri A.R. Sule, Joint Secretary (I &M), DAE and Shri A.Roy Chowdhury, Director (Finance), IREL. 

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