PFC board approves 3rd interim dividend of Rs 3 per share

The PFC board in its meeting approved the interim dividend of Rs 3 per share having a face value of Rs 10 each

PSU Watch, PTI

Published:11th Mar, 2024 at 8:29 PM

New Delhi: Maharatna company Power Finance Corporation (PFC) on Monday approved a third interim dividend of Rs 3 per share for fiscal year 2023-24.

With this, the total interim dividend for the fiscal year is Rs 11 per share of Rs 10 each.

"The PFC board in its meeting approved the interim dividend of Rs 3 per share having a face value of Rs 10 each", the company said in a mandatory filing to the bourses.

Also read:Power Grid to form JV for transmission projects worth Rs 10k cr in Rajasthan

The record date for payment of the third interim dividend is March 22, 2024. The date of payment /dispatch of this dividend shall be on or before April 10, 2024.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

PFC board approves 3rd interim dividend of Rs 3 per share

The PFC board in its meeting approved the interim dividend of Rs 3 per share having a face value of Rs 10 each

Also Read

PSU banks ready to play a larger role towards Viksit Bharat 2047: DFS Secretary

Shilpa Sachin Shinde (IAS) appointed as CMD of WAPCOS Limited

ACC approves appointment of 35 officers across Ministries, Departments and organisations

EPIL eyes Rs 2,000-cr turnover by FY26, pivot to green, high-margin projects: CMD

RBI imposes Rs 21 lakh penalty on PhonePe