Power Finance Corporation, a Navratna Central Public Sector Enterprise under Ministry of Power and India’s leading NBFC for the Power Sector has paid an interim dividend of Rs 1182.63 crore to Government of India for the financial year 2020-21 on March 31st, 2021 on 1,47,82,91,778 number of equity shares (56%) held by the government.
Ravinder Singh Dhillon, CMD, PFC presented bank advice of an interim dividend of Rs 1182.63 crore to R.K. Singh, Minister of State (Independent Charge) Power and New & Renewable Energy
The interim dividend RTGS intimation bank advice was presented to R.K. Singh, Minister of State (Independent Charge) Power and New & Renewable Energy & Minister of State for Skill Development and Entrepreneurship by Ravinder Singh Dhillon, CMD, PFC in the presence of Alok Kumar, Secretary (Power), Ashish Upadhyaya, Additional Secretary (Power) & FA, Government of India, P.K. Singh, Director (Commercial) PFC and Parminder Chopra, Director (Finance) PFC.
The interim dividend for FY2020-21at the rate of Rs 8/- per equity share of face value of Rs 10 each was declared by the Board of Directors of PFC in its meeting held on 12th March 2021.