Saturday, November 23, 2024

Business

Indian Oil pays Rs 2,424 crore as dividend tranche to government

Indian Oil pays Rs 2,424 crore as dividend tranche to government

Indian Oil Corporation has paid Rs 2,424 Crore as a dividend stage to the government, Tuhin Kanta Pandey, Secretary in the Investment Department and Management of Public Assets (Depam), said on November 25.

Secretary DIPA was brought to Twitter to make an announcement.

Rejeki Dividend Dividend from his ownership in the efforts of the Public Sector (PSU) S has helped the government treasury recover from a big hit taken from two waves of Pandemi Coronavirus.

So far during the current financial year 2021-22 (April-March), Rs 20,222.40 Crore has been accepted as a dividend of the central public sector company.

On November 25, Indian oil shares ended 1.14 percent lower to settle at RS 126.15 respectively on the National Stock Exchange.

The diverse energy resources owned by a state-owned state for almost half of the market share of petroleum products. Indian oil sales clock 81,027 million metric tons (MMT) at 2020-21.

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