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Business News/ Companies / News/  NTPC pays Rs2,952 crore interim dividend
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NTPC pays Rs2,952 crore interim dividend

The dividend is 35.8% of the paid-up equity share capital of the company
  • The Government of India, which owns 58.93% stake in NTPC, received ₹1,739.61 crore
  • This is the 26th consecutive year that NTPC has paid a dividend.. Photo: Ramesh Pathania/MintPremium
    This is the 26th consecutive year that NTPC has paid a dividend.. Photo: Ramesh Pathania/Mint

    NTPC : NTPC Ltd, the country's largest electricity generator, Friday said it has paid an interim dividend of 2,951.88 crore for the financial year ending March 31, 2019.

    The dividend is 35.8 per cent of the paid-up equity share capital of the company, NTPC said in a statement.

    The Government of India, which owns 58.93 per cent stake in NTPC, received 1,739.61 crore as its share in the interim dividend.

    "The RTGS advice for the transfer of 1,739.61 crore to the Government of India was presented to Power Minister R K Singh by NTPC Chairman and Managing Director Gurdeep Singh," it said.

    This is the 26th consecutive year that NTPC has paid a dividend.

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    This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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    Published: 22 Feb 2019, 05:21 PM IST
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