PFC pays second interim dividend of Rs. 369.57 crore to Government of India for the financial year 2021-22 - News On Radar India
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PFC pays second interim dividend of Rs. 369.57 crore to Government of India for the financial year 2021-22

Press Release

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New Delhi: Power Finance Corporation, a Schedule – A Maharatna CPSE and India’s leading NBFC for the Power Sector has paidRs 369.57 crore to Government of India andRs 290.45 crore to other shareholders,totalling to Rs 660.02 crore as second Interim Dividend for the financial year 2021-22 on 10thDecember, 2021.

The second interim dividend @ 25% i.e. Rs. 2.50 per equity share of face value Rs. 10 each was declared by the Board of Directors in its meeting held on 11th November, 2021 and is in addition to the first interim dividend amounting to Rs.332.61 crorepaid to Govt. of India and Rs 261.4 crore to other shareholderstotalling to Rs 594.01 crore on 10th September 2021 @ 22.5% i.e. Rs. 2.25 per equity share of face value Rs. 10 each for the financial year 2021-22.

With this PFC has so far paid interim dividend amounting to Rs. 1254.03 crores toits shareholders @47.5% i.e. Rs. 4.75 per equity share of face value Rs. 10 each for the financial year 2021-22.

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