PFC dividend: PFC pays Rs 887 cr as interim dividend to govt for FY22

New Delhi: Energy Finance Company on Friday stated it has paid Rs 886.97 crore as an interim dividend to the federal government for the monetary yr 2021-22. That is along with Rs 333 crore and Rs 370 crore paid as first and second interim dividend, respectively, earlier, Energy Finance Company (PFC) stated in an announcement.

PFC CMD Ravinder Singh Dhillon offered the interim dividend RTGS (Actual Time Gross Settlement) intimation recommendation of Rs 886.97 crore to Minister for Energy, New & Renewable Power RK Singh within the presence of the Energy Secretary Alok Kumar and different senior ministry and firm officers.

The third interim dividend at a fee of Rs 6 per fairness share of face worth Rs 10 every was declared by the Board of Administrators in its assembly held on February 11, 2022.

“With this, PFC has to date paid interim dividends amounting to Rs 2,838 crore to its shareholders…for the monetary yr 2021-22, which is the very best ever dividend paid by PFC,” it stated.