• World
  • Politics
  • Business
  • Opinion
  • Tech
  • Lifestyle
  • Culture
  • Sports
  • Magazine

SouLSteer

- SouLSteer Magazine

HomeGeneralNALCO pays Rs. 260.72 crore as interim dividend to Indian Goverment

NALCO pays Rs. 260.72 crore as interim dividend to Indian Goverment

April 28, 2015, 12:29 am | The Superman
  • Tweet
  • Print
Heartbeat

NALCO pays Rs. 260.72 crore as interim dividend to Indian Goverment

National Aluminium Company Limited (NALCO), a Navratna PSU under the Ministry of Mines, Govt. of India, has declared an interim dividend of 25%, i.e. Rs.1.25 per share of Rs.5 each, amounting to Rs.322.16 crore for the financial year 2014-15, on the paid-up equity share capital of Rs.1288.62 crore. Narendra Singh Tomar, Union Minister of Steel & Mines, Govt. of India, was presented a cheque, amounting to Rs.260.72 crore by Ansuman Das, Chairman-cum-Managing Director as interim dividend on the 80.93% shares held by the Govt of India, in New Delhi today. The interim dividend amount of Rs 322.15 crore paid for 2014-15 equals the highest ever interim dividend paid during 2006-07. Dr Anup K Pujari, Secretary, R Sridharan, Addl. Secy, Arun Kumar, Joint Secretary, Dr Niranjan Kumar Singh, Joint Secretary of Ministry of Mines and all the Directors of NALCO were present on the occasion.

NALCO, which started its commercial operations in 1987 has been earning profits consistently and has been declaring dividends since 1992. In the last fiscal i.e for the 2013-14, the company had declared a total dividend of Rs.386.59 crore. It may be mentioned that since inception, NALCO has paid a total of Rs.5228 crore as dividend including Rs.4995 crore as share of Govt. of India.

  • Tweet
  • Print

Boxtag:Aluminium Dividend Government of India Ministry of Mines Narendra Singh Tomar National Aluminium Company Public sector Shareholder

« Previous PostThese are the actions UGC takes against Fake Universities
Next Post »New Indian Chief to be launched in Bangalore on 7th May

Your Point of View Cancel reply

You must be logged in to post a comment.

Related Articles

  • NALCO and MECON pays dividend to governmentNALCO and MECON pays dividend to government
  • Re-evaluate the value of Bharat Gold Mines: Narendra Singh TomarRe-evaluate the value of Bharat Gold Mines: Narendra Singh Tomar
  • Minister for Steel and Mines Narendra Singh Tomar meets Assam CM Tarun GogoiMinister for Steel and Mines Narendra Singh Tomar meets Assam CM Tarun Gogoi
  • Steel & Mines minister NS Tomar meets Russian aluminum magnate Oleg DeripaskaSteel & Mines minister NS Tomar meets Russian aluminum magnate Oleg Deripaska
  • Mines Minister NS Tomar at Indaba 2015: Invest in mining sector of IndiaMines Minister NS Tomar at Indaba 2015: Invest in mining sector of India
  • MMDR Ordinance explained, a revolution in reviving mining sectorMMDR Ordinance explained, a revolution in reviving mining sector
  • Steel & Mines Minister Narendra Singh Tomar meets Polish MinisterSteel & Mines Minister Narendra Singh Tomar meets Polish Minister
  • Narendra Singh Tomar meets Naveen Patnaik regarding Steel & MinesNarendra Singh Tomar meets Naveen Patnaik regarding Steel & Mines
  • India talks with Kazakhstan over mutual collaboration in mining sectorIndia talks with Kazakhstan over mutual collaboration in mining sector
  • Infuse new energy in geo-science field: Narendra Singh TomarInfuse new energy in geo-science field: Narendra Singh Tomar
Sovrn

Widgets In Tabs

    Tags

    12th Auto Expo 2014 2014 Auto Expo 2015 2015 Nepal earthquake ads Advertisement Advertising Afzal Kahn Alloy wheel Artist Audi Audi India Automotive industry Auto racing Bharatiya Janata Party Black Blue BMW BMW India Bollywood business Cartoon Chevrolet Clothing Compact car Compact executive car Concept Car Coupe Creative work Crossover Daimler AG Delhi Delhi Motor Show Earth Earthquake Eberhard Kern election England facebook Fashion ferrari Ford Motor Company Formula One Four-wheel drive Front-engine Front-engine design Full-size car Geneva Motor Show Germany Government of India Government of Madhya Pradesh Grand tourer Green gwalior Gwalior Municipal Corporation Gwalior News Hatchback Humour Hypercar Illustration Illustrator india Interview Italy Japan Kahn Design Lamborghini Land Rover Land Rover Tuning love Luxury Luxury vehicle Madhya Pradesh mayor Mercedes-Benz Mercedes-Benz India Mercedes AMG Mid-engine design Mid-size car motorcycle Mumbai nagar nigam Narendra Modi Narendra Singh Tomar Natural disaster Nepal New Delhi New york Noida P. Narahari Parikipandla Narahari Photography Pickup Truck Porsche prime minister Rear mid-engine Red Renault Rolls-Royce sameeksha gupta Sedan SouLSteer SouLSteer Magazine Special Edition Sports car Sport utility vehicle Supercar SUV Tuning United Kingdom United States United States of America USA Vintage car Visual arts Volkswagen Wallpaper White Yashodhara Raje Scindia
    • About
    • Advertise
    • Contact Us
    • Site Terms
    • Contribute
    • Careers
    • RSS
    © 2023 SoulSteer Inc • All rights reserved • Website Partner — Convertica • SoulSteerTM and SoulSteer.comTM and related trademarks, names and logos are the property of SoulSteer Inc. and are registered and / or used in India and countries around the world.