Neyveli Lignite pays final dividend of Rs 150.99 cr to Centre

Public sector Neyveli Lignite Corporation has presented the final dividend of Rs 150.99 crore for the 2014-15 to the Centre in addition to the 18 per cent interim dividend paid in March 2015.
"The total dividend payout including (distribution of taxes) for 2014-15 amounts to Rs 566.70 crore. Taking into account the interim dividend of Rs 271.79 crore paid in March 2015, the dividend paid to government for 2014-15 was Rs 422.79 crore", the company said in a statement.
The final dividend amount of Rs 150.99 crore was presented by NLC Ltd Chairman and MD S K Acharya to Power Minister Piyush Goyal at a function yesterday, it said.

"With this amount, the total contribution made to the exchequer both of the Centre and state governments will be Rs 2,099 crore in 2014-15," it said.