Financial Daily from THE HINDU group of publications
Sunday, Feb 19, 2006
Financial Daily from THE HINDU group of publications Sunday, Feb 19, 2006 |
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Corporate
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Announcements Nalco to pay 20% interim dividend Our Bureau
Bhubaneswar , Feb. 18 NATIONAL Aluminium Company Ltd (Nalco) has announced an interim dividend of 20 per cent, amounting to Rs 128.86 crore. Of the amount, the Union Government will get Rs 112.34 crore as its share and the rest will be paid to the other shareholders. According to a press release issued by the company here, the dividend cheque was handed over to Mr Sis Ram Ola, Union Minister of Mines, by Mr C.R. Pradhan, Chairman and Managing Director, in New Delhi on Friday in the presence of Mr A.K.D Jadhav, Secretary of the Department of Mines. The company posted cumulative net profit of Rs 956.63 crore till December-end during the current financial year in comparison with Rs 800.60 crore the previous year.
More Stories on : Announcements | Aluminium | National Aluminium Co. Ltd
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