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HZL has paid Rs 3,000 crore to govt in special dividend

Hindustan Zinc Ltd has paid Rs 3,000 crore to the government in special dividend.

On March 30, HZL had declared aย “special golden jubilee dividend” at the rate of 1,200 percent — Rs 24 per equity share of Rs 2 each for 2015-16.

The government’s holding HZL is 29.54 percent and a cheque of Rs 2,995 crore has been handed over by the HZL CEO Tom Albanese to the Finance Minister Arun Jaiteley towards the dividend.

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