Public Sector

Nalco’s board approves interim dividend of Rs 0.50 per share for ongoing fiscal

Nalco's board approves interim dividend of Rs 0.50 per share

Nalco’s board approves interim dividend of Rs 0.50 per share for ongoing fiscal

NEW DELHI: Nalco’s board approves interim dividend of Rs 0.50 per share for ongoing fiscal – The board has approved an interim dividend of Rs 0.50 per share as National Aluminium Co Ltd (Nalco) on Wednesday said it’s on the paid-up equity share capital of Rs 932.81 crore for the present fiscal year.

The approval was given during the committee meeting on Wednesday, Nalco said during a filing to the BSE.

As the meeting persisted November 18, 2020, have approved by the board of directors of the organization in their a payment of interim dividend at Rs 0.50 per share (10 percent on the paid-up equity share capital of Rs 932.81 crore for the fiscal year 2020-21,” it added.

The payment of interim dividend shall be made on or before December 17 to all or any eligible shareholders.

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