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Corporate - Dividend Announcement
HPC pays maiden dividend

Our Bureau

New Delhi, Aug. 2

Hindustan Paper Corporation Ltd (HPC) paid its maiden dividend of Rs 15.20 crore to the Government for the previous financial year. Mr Santosh Mohan Dev, Union Minister for Heavy Industries and Public Enterprises, received the dividend cheque from Mr Raji Philip, CMD. HPC's operating mills: Cachar Paper Mill , Nagaon Paper Mill in Assam and Hindustan Newsprint Ltd Mill in Kerala recorded production of 3,20,118 tonnes of paper/newsprint during 2005-06, compared with production of 3,09,514 tonnes during 2004-05.

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