Neyveli Lignite Corporation Ltd, a Navratna PSU under Ministry of Coal, Govt. of India, paid an Interim Dividend of 15% i.e Rs.1.50 per share of Rs.10/- each, for the financial year 2015-16 to the Central Government.The total outgo to the company on its paid up capital of Rs.1677.71 Crore is Rs.251.66 Crore. Government of India, which holds 90% of the company’s shares, gets Rs.226.49 Crore.
Shri Sarat Kumar Acharya, Chairman and Managing Director of NLC Ltd., handed over the Interim Dividend cheque for Rs.226.49 Crore to Shri Piyush Goyal, Hon’ble Union Minister of State with Independent Charge for Power, Coal and New & Renewable Energy in the presence of Shri Anil Swarup, Secretary, Ministry of Coal, Shri Rakesh Kumar, Director (Finance), NLC, New Delhi.
