NBCC, HSCL Pay Rs 77 Cr Dividend to Govt
NBCC (India) Ltd. and its subsidiary, Hindustan Steelworks Construction Limited (HSCL), both Miniratna CPSEs under the Ministry of Housing and Urban Affairs (MoHUA) paid dividend of Rs 77 crore (Rs 70 crore appx. by NBCC and Rs 7 crore appx. by HSCL) to the Government of India (GOI) for FY 2023-24 on October 30, 2024.
Read Also : RBI Slaps Rs 4.20 Lakh Penalty on Smriti Nagrik Sahakari Bank for Non-Compliance
The companies have further strengthened their commitment to the nation's development by paying a significant dividend to the Government of India (GoI). This substantial contribution underscores the companies' robust financial performance and their dedication to maximizing shareholder value.
Read Also : RITES subsidiary REMC & IRFC signs MoU on financing power projectsNews Must Read
- RITES subsidiary REMC & IRFC signs MoU on financing power projects
- NHPC Limited Announces Major Update on Teesta-V Power Station (510 MW)
- MIDHAN Welcomes New CMD: Gowri Sankara Rao Naramsetti
- PESB Recommends Shri S. M. Ramanathan for Director (Engineering, R&D) at BHEL
- Dr. Anitha Thampi Recommended as CMD of HLL Lifecare Limited by PESB
- Defence Ministry inks Rs 1,990 crore contract with MDL
- SAIL certified as Great Place to Work for the second time
- REC Limited Commits Rs. 2.92 Crore Under CSR to Enhance ITBP Medical Infrastructure
- Coal India mines including private entities recorded coal output of 988 mt in 2024
- NTPC Renewable Energy secures 500 MW Solar Project in SECI Auction