Business Standard

NMDC pays interim dividend of Rs 951 crore to Centre

The company had paid Rs 2,696-crore dividend to the Centre last year

Image

BS Reporter Hyderabad
Public sector iron ore company NMDC Limited on Tuesday presented a cheque for Rs 951.58 crore to Union Minister of Steel Narendra Singh Tomar towards the first interim dividend for 2014-15.

NMDC chairman-cum-managing director Narendra Kothari presented the cheque to the minister in the presence of Minister of State for Steel Vishnu Deo Sai and senior officials of the ministry, according to a release. The company had paid Rs 2,696-crore dividend to the Centre last year.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 02 2014 | 8:39 PM IST

Explore News