Nalco's board approves interim dividend of Rs 0.50 per share for ongoing fiscal

The approval was given during the board meeting on Wednesday, Nalco said in a filing to the BSE. "The board of directors of the company in their meeting held on November 18, 2020, have approved a payment of interim dividend at Rs 0.50 per share (10 per cent on face value of Rs 5 each) on the paid-up equity share capital of Rs 932.81 crore for the financial year 2020-21," it added.

National Aluminium Co Ltd (Nalco) on Wednesday said its board has approved an interim dividend of Rs 0.50 per share on the paid-up equity share capital of Rs 932.81 crore for the current financial year. The approval was given during the board meeting on Wednesday, Nalco said in a filing to the BSE.

"The board of directors of the company in their meeting held on November 18, 2020, have approved a payment of interim dividend at Rs 0.50 per share (10 per cent on face value of Rs 5 each) on the paid-up equity share capital of Rs 932.81 crore for the financial year 2020-21," it added. The payment of interim dividend shall be made on or before December 17 to all eligible shareholders.