NALCO presents dividend cheque of Rs 112.29 cr to Dinsha Patel
merisarkar news service New Delhi February 23, 2011
AK Shrivastava with Dinsha Patel
The Navratna public sector, National Aluminium Company Limited (NALCO) handed over a dividend cheque of Rs 112.29 crore to the Minister of Mines, Dinsha J Patel on the 87.15 per cent shares (amounting to Rs 561.50 crore) held by the Government.
The Cheque was handed over by the Chairman and Managing Director of NALCO A K Srivastava in the presence of the Secretary, Ministry of Mines S Vijay Kumar and other senior officials of the Ministry of Mines.
The company has declared an interim dividend of 20 per cent, Rs 2 per share, amounting to Rs 128.86 crore for the financial year 2010-11, on the paid up equity share capital of Rs 644.31 crore.
