SPMCIL pays dividend of 215.48 crore

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..... SPMCIL pays dividend of 215.48 crore
News and Press Release
Dated:- 14-1-2021

The Security Printing and Minting Corporation of India Limited (SPMCIL), a Schedule-'A' Miniratna Category-I CPSE, wholly owned by the Government of India under the administrative control of Department of Economic Affairs (DEA), Ministry of Finance, has paid a Final Dividend of ₹ 215.48 crore to the G .....

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..... overnment of India for F.Y. 2019-20 being 5% of Net worth of the Company as at 31st March 2020 [41% of Profit after Tax (PAT) for F.Y. 2019-20) in compliance of DIPAM guidelines. The dividend cheque was presented to Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman by Smt. Tripti P. Ghosh, CMD, SPMCIL along with Shri Ajai Kumar Srivastav, Director (Technical) in presence of Sh .....

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..... ri Tarun Bajaj, Secretary, DEA and Dr. Shashank Saksena, Senior Economic Advisor (C&C), DEA, Ministry of Finance. SPMCIL has achieved the targets in the production of Bank Notes, Coins, Security Paper, Passports, Security Inks and other Security Products during the year 2019-20. SPMCIL has produced 9824 million pieces of the Bank Notes, 3282 million pieces of circulating coins, 7010 Metric Ton (M .....

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..... T) Security Paper, 851 Metric Ton (MT) of Security Inks in 2019-20. During the year 2019-20, the Revenue from Operations of the Company is ₹ 4,966 crore and Profit before Tax has increased to ₹ 1,026.79 crore. SPMCIL has also achieved "Excellent" grading for Corporate Governance from Department of Public Enterprises (DPE) for the year 2019-20.
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