Team News Riveting
New Delhi, January 19
The Board of Directors of country’s largest power producer, NTPC Limited, will meet on January 29 to approve the financial results and consider the second dividend for the financial year 2023-24.
“In terms of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015′), it is hereby intimated that a meeting of the Board of Directors of the Company is scheduled to be held at New Delhi on Monday, 29′” January, 2024 to, inter-alia, consider, approve and take on record the Un-audited Financial Results of the Company for the quarter and nine-months period ended December 31, 2023 after these results are reviewed by the Audit Committee of the Board,” the company said in a regulatory filing today.
Second Interim dividend on the equity share capital of the Company for the year 2023-24 may also be, inter-alia, considered in the same Meeting of the Board of Directors, the company added. “Pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, the Company has fixed Tuesday, February 6, 2024 as the “RECORD DATE’ for the purpose of ascertaining the eligibility of the shareholders for payment of second interim dividend, if declared by the Board, NTPC Limited said.
NTPC Ltd. paid the first interim dividend of Rs 2,182 crore on November 23, 2023 for the financial year 2023-24, being 22.50 per cent of the paid-up equity share capital of the Company. This is the 31st consecutive year that NTPC Ltd. has paid dividend.
