Numaligarh Refinery pays Rs 168.92 cr dividend to Assam govt

Updated: Fri, Oct 06, 2017
06:59 pm
PTI
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Numaligarh Refinery Limited has paid the highest ever dividend of Rs 168.92 crore to the Assam Government for the financial year 2016-17.

This is the highest ever dividend payout of 186 per cent during a year, i.e Rs 18.60 per fully paid equity share of Rs 10 each, an official release said here today.

The final dividend cheque of Rs 78.1 crore was handed over today to Assam Chief Minister Sarbananda Sonowal by NRL Managing Director P Padmanabhan.

This dividend is in addition to the interim dividend of Rs 90.82 crore handed over to Assam government earlier during the year.

The Assam government has an equity shareholding of 12.35 per cent in the company.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)