New Delhi, March 22 -- Shri Ajeet Kumar Agarwal, CMD & Director (Finance) of REC Limited, a Navratna Public Sector Undertaking under Ministry of Power (MoP), presented RTGS credit advice towards payment of Interim Dividend for the Financial Year 2018-19, amounting to Rs.1,143.34 crore on the shareholding of Government of India in REC to Shri R.K. Singh, Hon'ble Minister of State for Power (Independent Charge) on Wednesday, March 20, 2019, in the presence of Shri Ajay Bhalla, Secretary, and senior officials from Ministry of Power & REC.
The Board of Directors of REC had declared Interim Dividend @ Rs.11/- per equity share representing 110% of total paid up share capital of the Company for the financial year 2018-19.
Further, during the nin...