NMDC has informed that the Board of Directors of the Company at its meeting held on May 25, 2017, has recommended final dividend at the rate of Re 1 per equity share of face value of Rs 1 each for the financial year 2016-17. The final dividend on the equity shares, if declared by the Shareholders of the Company at the ensuing 59th Annual General Meeting, will be paid / dispatched as per the provisions of the Companies Act, 2013. The Company has paid an interim dividend of Rs 4.15 paisa during the year. The total dividend payment for the year aggregates to Rs 5.15 paisa per equity share.
The above information is a part of company’s filings submitted to BSE.
