Shareholders cheer: Rural Electrification Corp declares dividend

Shital Jibhe / 14 Feb 2017

Shareholders cheer: Rural Electrification Corp declares dividend

Rural Electrification Corporation Limited informed the BSE that the board of directors of the company at their meeting held on Tuesday, have declared and approved the payment of interim dividend at the rate of Rs 7 per equity share on the face value of the fully paid-up equity shares of Rs 10 each for the financial year 2016-17.

Rural Electrification Corporation Limited informed the BSE that the board of directors of the company at their meeting held on Tuesday, have declared and approved the payment of interim dividend at the rate of Rs 7 per equity share on the face value of the fully paid-up equity shares of Rs 10 each for the financial year 2016-17.

The approved interim dividend will be paid on March 6, 2017.

Rural Electrification Corporation Ltd. is a leading public infrastructure finance company of India. The company finances and promotes rural electrification projects across India.