Nalco pays Rs 193 cr dividend for 2012-13

The dividend payout includes the Government of India's share of Rs 156.68 crore

National Aluminium Company Limited (Nalco), the navratna PSU under the Union ministry of mines, has declared an interim dividend amounting to Rs 193.29 crore for 2012-13, which includes the Government of India’s share of Rs 156.68 crore.

The cheque for interim dividend was handed over to Dinsha J Patel, Union mines minister by Ansuman Das, chairman-cum-managing director (CMD) of Nalco in New Delhi today.

After the recent divestment of shares through OFS (offer for sale), the Union government now 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 3816.30 crore to the Government of India.