PSU NEWS
REC PDCL declare total dividend of Rs 41.94 Cr
The company paid Interim Dividend Rs. 5.86 Cr in Dec 2022 and Rs.12.68 Cr in Mar 2023, and paid final dividend Rs. 23.40 Cr.
New Delhi: REC Power Development and Consultancy Ltd (REC PDCL), a wholly owned subsidiary of REC Ltd, focusing on providing technical consultancy services across the power sector value chain, reported a net profit of Rs. 139.79 Cr during the F.Y. 2022-23.
REC PDCL has declared a total dividend of Rs.41.94 Cr (30% of PAT).
Read Also : Indian Govt signs USD 175 million loan agreement with ADBThe company paid Interim Dividend Rs. 5.86 Cr in Dec 2022 and Rs.12.68 Cr in Mar 2023, and paid final dividend Rs. 23.40 Cr.
On October 18, 2023, in the board room of REC, a copy of the cheque was given to Sh. Vivek Kumar Dewangan, CMD, REC by Sh. Ajoy Choudhury, Non-Executive Director, RECPDCL. Sh. Rajesh Kumar, CEO, RECPDCL and Senior officials of REC Limited and RECPDCL were also present.
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