NTPC pays Total Dividend of Rs. 3,133.27 crore
NTPC Limited has paid a total dividend of 38% of its paid-up capital for the financial year 2010-11, which amounts to Rs. 3,133.27 crore. The Shareholders of the Company have approved a final dividend of 8%, amounting to Rs. 659.64 crore at the 35th Annual General Meeting held on September 20, 2011.
Final dividend amounting to Rs. 557.39 crore towards Government of India shareholding in NTPC was presented by Shri Arup Roy Choudhury, CMD, NTPC to Shri Sushilkumar Shinde, Union Minister of Power, GOI, in the presence of senior officials from Ministry of Power and NTPC on 30th September,2011.
The Company had earlier paid to Government of India an interim dividend of Rs. 2,090.21 crore in February 2011. Thus, NTPC has made a total dividend payment of Rs. 2,647.60 crore to the Government of India for the financial year 2010-11.
This is the 18th consecutive year that NTPC has paid dividend.
Shri Arup Roy Choudhury, CMD, NTPC presenting the final dividend amounting to Rs. 557.39 crore to Shri Sushilkumar Shinde, Union Minister of Power, in the presence of senior officials from Ministry of Power and NTPC.