NTPC pays Total Dividend of Rs. 4741.16 crore

NTPC pays Total Dividend of Rs. 4741.16 crore

NTPC pays Total Dividend of Rs. 4741.16 crore 

NTPC Limited paid a total dividend @ 57.5% of its paid-up capital for the financial year 2012-13, amounting to Rs. 4741.16 crore. The Shareholders of the Company approved a final dividend of 20%, including a special dividend of 12.5%, amounting to Rs. 1649.09 crore at the 37th Annual General Meeting of the company.

A cheque of  Rs. 1236.82 crore to Government of India, being the share of Government of India, was presented by Shri Arup Roy Choudhury, CMD, NTPC to Shri Jyotiraditya Scindia, Hon’ble Union Minister of State for Power (Independent Charge), in the presence of Shri P.K.Sinha, Secretary (Power) and other senior officials from Ministry of Power and NTPC.

The Company had earlier paid an interim dividend of Rs. 2319.04 crore to Government of India in March 2013. Thus, NTPC Ltd. has made a total dividend payment of Rs. 3555.86 crore to the Government of India for the financial year 2012-13.

This is the 20th consecutive year that NTPC Ltd. has paid dividend.

Author: sarkarimirror