GN Bureau | October 26, 2015
NTPC-SAIL Power Company Pvt. Ltd (NSPCL), a 50:50 joint venture of NTPC Limited and Steel Authority of India Limited (SAIL), paid total dividend of Rs100 crore for the year 2014-15 which is 10.20% of equity share capital. NSPCL has been consistently paying dividend to its promoter companies ever since its inception in March, 2001.
On behalf of NTPC, A K Jha, CMD NTPC, SC Pandey, Director (project), KK Sharma, Director (Opn.) & Chairman NSPCL and Sudhir Arya, ED (Fin.) & Director NSPCL, received a cheque of Rs. 10 Crore of final dividend from Manash Sarkar, CEO, NSPCL, along with SV Shahi, CFO, NSPCL, at NTPC Corporate Office in New Delhi.
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