Hindustan Zinc Ltd (HZL) on Wednesday announced a one-time interim dividend of Rs 13,985 crore for the financial year 2016-17, of which the central government will get Rs 11,259 crore against its 29% stake.
Together with dividend paid in April 2016 and interim dividend in October 2016, the dividends paid in FY17, totalling Rs 27,157 crore, are the highest ever paid in India in a financial year, the company said in a release.
The Board of Directors has declared the special one-time interim dividend of 1375% i.e. Rs 27.50 on every equity share of Rs 2, entailing an
Together with dividend paid in April 2016 and interim dividend in October 2016, the dividends paid in FY17, totalling Rs 27,157 crore, are the highest ever paid in India in a financial year, the company said in a release.
The Board of Directors has declared the special one-time interim dividend of 1375% i.e. Rs 27.50 on every equity share of Rs 2, entailing an