NRL presents Dividend Cheque of Rs. 95.63 Crore to Govt. of Assam
AZIR KHOBOR, GUWAHATI, 2ND APRIL : NRL today presented the 2nd Interim Dividend Cheque of Rs. 95.63 Crore to the Govt. of Assam, for the FY 2021-22 for its equity stake of 26% in the Company.
Director ( Technical ) and MD I/C NRL Mr. Bhaskar Jyoti Phukan presented the Dividend Cheque of Rs.95.63 Crore to Hon’ble Chief Minister of Assam Dr. Himanta Biswa Sarma in the presence of Hon’ble Industries Minister, Govt. of Assam, Shri Chandra Mohan Patowary, Director (Finance) NRL Mr. Indranil Mittra; Independent Directors of NRL Board, Dr. S. Lamare, Shri Gagann Jain, Shri Sudip Pradhan, Smti Priyambada Keshri and other senior officials of the Company at the State Secretariat.
Earlier on 16th March 2022, the Board of Directors of NRL had approved the payment of the 2nd Interim Dividend for the Financial Year 2021-22 @50% on the paid-up share capital of Rs.735.63 Crore (i.e. Rs.5.00 per fully paid equity shares of Rs.10/- each) to the shareholders based on the Profit of the Company up to the 3rd Quarter ending 31st December 2021. Accordingly, the Dividend payable to the Government of Assam against its 26% shareholding amounts to Rs.95.63 Crore
The 1st Interim Dividend for the Financial Year 2021-22 amounting to Rs. 86.35 Crore was paid to Govt. of Assam as a part of its equity holding of 23.48% of the paid up share capital of Rs.735.63 Crore on 29th November, 2021
NRL continues to contribute to the development of Assam as one of the leading Public Sector Enterprises headquartered in the State.