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IFCI Pays 10% Divident to Govt Of India

IFCI Pays 10% Divident to Govt Of India
Shri Malay Mukherjee, Chief Executive Officer & Managing Director,Of IFCI Ltd. presented a Dividend Cheque of Rs.92.30 Crore to the Union Finance Minister Shri Arun Jaitley today. This 10% dividend is for the Financial Year 2013-14.
IFCI had paid 10% dividend to the Government of India last Financial Year also.
The Government of India is holding a majority stake of 55.53% equity shareholding in IFCI Ltd.
Photo Caption
The Chief Executive Officer & Managing Director, IFCI Ltd., Shri Malay Mukherjee presenting a dividend cheque of Rs.92.30 crore to the Union Minister for Finance, Corporate Affairs and Defence, Shri Arun Jaitley, in New Delhi on September 17, 2014.