NTPC pays Rs 2,424 crore as interim dividend to shareholders for FY25

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The company paid its first interim dividend of Rs 2,424 crore for the financial year 2024-25 on November 18, representing 25 per cent of the company's paid-up equity share capital, NTPC said in a statement.

NTPC CMD Gurdeep Singh, along with the Board of Directors of the company, presented the "payment advice of Rs 1,238.84 crore, representing the government's share to the Minister of Power Manohar Lal, Power Secretary Pankaj Agarwal", it added.

On October 24, the Board of Directors of NTPC approved the first interim dividend of Rs 2.50 on the face value of shares of Rs 10 each for the financial year 2024-25.

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Category: BusinessFinance

Markets: India

Topics: NTPC NTPC dividend to shareholders Interim dividend NTPC dividend

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News Sentiment: Negative

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Article Type: News Report

Published On: 2024-11-18 @ 20:10:44 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 267 words

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