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Nalco pays final dividend for 2014-15 FY

Bhubaneswar, October 28: The National Aluminium Company Limited (Nalco), the Navratna PSU, has declared a total dividend amount of Rs 451.02  crore (i.e.35% of the paid up capital) for the financial year 2014-15. This includes the Union Government’s share of Rs 365.01 crore.

Since inception, Nalco has paid a total of Rs 5356.76 crore as dividend, including Rs 4598.99 crore as share of the Union Government.

Out of Rs 365.01 crore payable to Government of India, the company has already paid Rs 260.72 crore as interim dividend during March 2015. The cheque for final dividend amounting to Rs 104.29 crore was handed over to Union Steel and Mines Minister Narendra Singh Tomar.

Nalco CMD TK Chand handed over the cheque to the Minister in New Delhi. 

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