IFCI Ltd. Pays 10% Interim Dividend to the Government; CEO 92.30 Crore to Shri Arun Jaitley, Finance Minister

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..... IFCI Ltd. Pays 10% Interim Dividend to the Government; CEO 92.30 Crore to Shri Arun Jaitley, Finance Minister
News and Press Release
Dated:- 24-2-2016

Shri Malay Mukherjee, Chief Executi .....

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..... ve Officer & Managing Director, IFCI Ltd. handed-over a Dividend Cheque of ₹ 92.30 crore, which is 10% interim dividend for 2015-16 towards 55.53% of GOI equity holding in IFCI, to Shri Arun Jai .....

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..... tley, Finance Minister, Government of India. This interim dividend is of ₹ 1 per equity share of ₹ 10 each for the Financial Year 2015-16. In the Financial Year 2014-15, 15% dividend has .....

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..... been paid by the Company. As per the financial performance for the 9 months period ending December 31, 2015, as reported by IFCI Ltd., it earned a net profit of ₹ 438 crore during this period a .....

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..... nd its Business Assets have grown to ₹ 34,715 crore as on December 31, 2015 from ₹ 29,458 crore a year ago. Its Debt Equity Ratio stands at 4.4% and Capital Adequacy Ratio was 17.6% agains .....

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..... t the regulatory requirement of 15%.
News - Press release - PIB .....

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