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Neyveli presents the final dividend of Rs 150.99 crore to Centre

A final dividend of Rs 150.99 crore for the 2014-15 has been presented by the public sector Neyveli Lignite Corporation to the Centre in addition to the 18 percent interim dividend paid in March 2015.

The company said in a statement that “the total dividend payout including (distribution of taxes) for 2014-15 amounts to Rs 566.70 crore. Taking into account the interim dividend of Rs 271.79 crore paid in March 2015, the dividend paid to government for 2014-15 was Rs 422.79 crore”.

It further added that the amount of final dividend of Rs 150.99 crore was presented by NLC Ltd Chairman and MD S K Acharya to the Power Minister Piyush Goyal.

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