State-owned Energy Finance Corp (PFC) has paid an interim dividend of ₹887 crore to authorities for the present monetary yr 2021-22. That is the third interim dividend the corporate is paying this fiscal to the federal government.
PFC has paid ₹333 crore and ₹370 crore as the primary and second interim dividends to the federal government within the present fiscal.
The interim dividend RTGS intimation recommendation was offered to Hon’ble Minister (Energy, New & Renewable Vitality) Shri R Okay Singh by Shri Ravinder Singh Dhillon, CMD, PFC within the presence of the Secretary, Ministry of Energy, Shri Alok Kumar and different senior officers of MoP and PFC.
The third interim dividend at a charge of ₹6 per fairness share of face worth ₹10 every was declared by the Board of Administrators in its assembly held on February 11, 2022.
“With this, PFC has to date paid interim dividends amounting to ₹2,838 crore to its shareholders…for the monetary yr 2021-22, which is the best ever dividend paid by PFC,” it mentioned.
Not too long ago, NHPC has additionally paid an interim dividend of ₹9341 crore to the federal government for the FY22. NHPC made the interim dividend fee on 4 March.
NHPC has greater than eight lakh shareholders and the full interim dividend pay-out for the monetary yr 2021-22 labored out to ₹1315.90 crore.
Supply: Live Mint