National Buildings Construction Corporation provides business update

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Capital Market
Last Updated : Jan 18 2016 | 8:33 PM IST

GoI revises guidelines for CPSEs to pay annual dividend

National Buildings Construction Corporation announced that Government of India (GOI) has issued revised guidelines for CPSEs to pay annual dividend of 30% of PAT or 30% of GOI's equity, whichever is higher in lieu of previous guidelines in 2004 communicating a dividend policy of 20% of PAT or 20% of equity, whichever is higher.

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First Published: Jan 18 2016 | 8:16 PM IST

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