Nalco pays 15 percent interim dividend

Bhubaneswar, April 25 (IANS) The state-run National Aluminium Company Limited (Nalco) has declared an interim dividend amounting to Rs.193.29 crore for the financial year 2012-13, which includes the Indian government share of Rs.156.68 crore.

The cheque for interim dividend was handed over to union minister of mines Dinsha J. Patel, by Nalco chairman and managing director Ansuman Das in New Delhi Thursday, the company here said in a statement.

After the recent divestment of shares through OFS (Offer for Sale), the central government holds 81.06 per cent shares of Nalco.

The remaining shares are held by over 66,000 shareholders including banks, financial institutions and individual shareholders.

Since inception, Nalco has paid Rs.4390.31 crore as dividend, including Rs.3,816.30 crore as share of central government.

The Bhubaneswar-headquartered Nalco is India’s third largest aluminium maker.

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