CMD, IFCI Ltd. Presents A Dividend Cheque of Rs. 92.30 Crore to Union FM

Author(s): City Air NewsNew Delhi, September 17, 2014: Malay Mukherjee, Chief Executive Officer & Managing Director, IFCI Ltd. presented a Dividend Cheque of Rs.92.30 Crore to the Union Finance Minister Arun Jaitley here today. This 10%...

CMD, IFCI Ltd. Presents A Dividend Cheque of Rs. 92.30 Crore to Union FM
Author(s): 

New Delhi, September 17, 2014: Malay Mukherjee, Chief Executive Officer & Managing Director, IFCI Ltd. presented a Dividend Cheque of Rs.92.30 Crore to the Union Finance Minister Arun Jaitley here today. This 10% dividend is for the Financial Year 2013-14.

IFCI had paid 10% dividend to the Government of India last Financial Year also. The Government of India is holding a majority stake of 55.53% equity shareholding in IFCI Ltd.
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Date: 
Wednesday, September 17, 2014