Power Finance Corp pays interim dividend of Rs 1,182.63 cr to govt for FY21

State-run Power Finance Corporation (PFC) has paid an interim dividend of Rs 1,182.63 crore to the government for financial year 2020-21

Topics
Power Finance Corporation (PFC) | Interim Dividend | indian government

Press Trust of India  |  New Delhi 

Money, Rs 2000, 200 notes, Rupees
Indian rupee banknotes

State-run has paid an of Rs 1,182.63 crore to the government for financial year 2020-21.

"Power Finance Corporation has paid an of Rs 1,182.63 crore to government of India for the financial year 2020-21 on March 31st, 2021 on 1,47,82,91,778 number of equity shares (56 per cent) held by the government," a PFC statement said.

The RTGS (real time gross settlement) intimation bank advice was presented to Power Minister R K Singh by Ravinder Singh Dhillon, CMD, PFC in the presence of Power Secretary Alok Kumar on Wednesday.

The interim dividend for FY 2020-21 at the rate of Rs 8 per equity share of face value of Rs 10 each was declared by the board of directors of PFC in its meeting held on March 12, 2021, it added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Thu, April 01 2021. 12:26 IST
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