SJVN pays Rs 168 crore interim dividend to govt for FY16

Sutlej Jal Vidyut Jal Nigam (SJVN) today said that it has paid an interim dividend of Rs 168 crore to the Union government for 2015-16.
"On account of its financial performance for the year 2015-16, public sector SJVN Ltd has paid interim dividend of Rs 168 crore to the government of India holding 64.5 per cent equity in the company," the a Mini-ratna PSU said in a statement.
SJVN had declared a total interim dividend of Rs 260.61 crore for FY 2015-16.
"While 25.5 per cent equity holder government of Himachal Pradesh received Rs 66.47 crore as interim dividend and 26.14 crore is paid to public shareholding," it said.

Last year, the company paid dividend of Rs 434.35 crore to its shareholders.
The dividend cheque was handed over to Minister of State for Coal and Power Piyush Goyal by SJVN CMD R N Misra, it added.