ADVERTISEMENT
ADVERTISEMENT

PFCL Pays Highest Ever Interim Dividend to GoI

The total sum of interim dividends paid by PFC to its shareholders for the financial year 2023-24 is a whopping Rs. 3,630 crores
Indian Masterminds Stories

Maharatna PSU, Power Finance Corporation Limited (PFCL) disbursed a sum of Rs. 554 crores to the Government of India as the third Interim dividend on its (government’s) equity shares for the financial year 2023-24. The third interim dividend at 30% or Rs. 3 per equity share of face value of Rs. 10 each was declared by the Board of Directors in the Board meeting held on March 11, 2024.

This sum has been credited in addition to the first interim dividend of Rs. 832 crores and the second interim dividend of Rs. 647 crores paid by PFC to the Government of India earlier. Hence, the total interim dividends paid by PFC to its shareholders for the financial year 2023-24 has become a whopping Rs. 3,630 crores.

The interim dividend RTGS (Real Time Gross Settlement) intimation advice has been presented to the Union Minister for Power and New & Renewable Energy Mr. R.K. Singh, and Secretary in the Ministry of Power, Mr. Pankaj Agarwal (1992 batch IAS officer), by CMD, PFC, Ms. Parminder Chopra in New Delhi on April 3, 2024. Other distinguished officials like the Director (Projects) of PFC, Mr. Rajiv Ranjan Jha (1985 batch IAS) and the Director (Commercial) of PFC, Mr. Manoj Sharma graced the occasion.


Indian Masterminds Stories

Related Stories

News

dopt_660_061220034030-61558048d0009
Centre: Govt Appoints New PS to Ministers Across Various Ministries, IRS Vinay Kaushal Made PS to Ashwini Vaishnaw
Punjab-Police-Logo
Police Transfer In Punjab, IPS Abhimanyu Rana Made ADCP, Amritsar
IAS Krishna Teja
Andhra Govt. Requests Centre To Depute IAS Krishna Teja As OSD To DCM Pavan Kalyan
Gujarat-government resized
Gujarat: Five IAS Officers Transferred, B J Patel Made AIG (Reg), Vadodara Zone
BPCL_resized
BPCL's "eDrive Stores" Aims To Boost EV Adoption By Tying Up With Bounce Infinity
ministry-of-petroleum-and-natural-gas
ONGC and Indian Oil Limited Join Hands To Establish An LNG Plant At Hatta, Madhya Pradesh
IREDA logo 1
IREDA Comfortably Ropes In Rs. 1500 Crores By Issuing Bonds
Tamilnadu police
Administrative Shake-Up in Tamil Nadu Police Department Following Kallakurichi Hooch Tragedy

Videos

OP Singh
Making Of An Erudite IPS Officer
Hemant Pareek
Listening to Toppers Can Help Shape Your Own Strategy, Says Hemant Pareek
IMG-20240611-WA0018
Crack UPSC CSE Prelims 2024: Exclusive Tips from IFS Officer Yash Kale
ADVERTISEMENT
Latest
Latest
Tigress
From Well to Wild: The Untold Story of the Tigress Who Cheated Death
dopt_660_061220034030-61558048d0009
Centre: Govt Appoints New PS to Ministers Across Various Ministries, IRS Vinay Kaushal Made PS to Ashwini Vaishnaw
ADVERTISEMENT
Videos
Videos
OP Singh
Hemant Pareek
IMG-20240611-WA0018
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT