PFC pays interim dividend of 1182.63 crore to Government

The interim dividend for FY2020-21at the rate of  ₹8/- per equity share of face value of  ₹10 each was declared by the Board of Directors of PFC in its meeting held on 12 March 2021. (Photo: Reuters)
The interim dividend for FY2020-21at the rate of 8/- per equity share of face value of 10 each was declared by the Board of Directors of PFC in its meeting held on 12 March 2021. (Photo: Reuters)
Premium
1 min read . Updated: 01 Apr 2021, 04:16 PM IST Staff Writer

Power Finance Corporation, under the Ministry of Power and one of India’s leading NBFC for the power sector, has paid an interim dividend of 1182.63 crore to the Government of India for the financial year 2020-21 on March 31, 2021 on 1,47,82,91,778 number of equity shares (56%) held by the government.

Ravinder Singh Dhillon, CMD, PFC presenting bank advice of an interim dividend of 1182.63 crore to Shri R.K. Singh, Minister of State (Independent Charge) Power and New & Renewable Energy & Minister of State for Skill Development and Entrepreneurship

The interim dividend RTGS intimation bank advice was presented to R.K. Singh, Minister of State (Independent Charge) Power and New and Renewable Energy andMinister of State for Skill Development and Entrepreneurship by Shri Ravinder Singh Dhillon, CMD, PFC in the presence of Shri Alok Kumar, Secretary (Power), Shri Ashish Upadhyaya, Additional Secretary (Power) & FA, Government of India, Shri P.K. Singh, Director (Commercial) PFC and Smt. Parminder Chopra, Director (Finance) PFC.

The interim dividend for FY2020-21at the rate of 8/- per equity share of face value of 10 each was declared by the Board of Directors of PFC in its meeting held on 12 March 2021.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Close