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NTPC pays Rs2,952 crore interim dividend

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InvestmentGuruIndia
22nd February, 2019 17:30 IST

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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.

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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