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NMDC presents Rs 150 cr dividend cheque

Written by: Staff

New Delhi, Feb 24 (UNI) Steel Minister Ram Vilas Paswan today received the second interim dividend cheque for Rs 150.05 crore from the National Mineral Development Corporation Limited (NMDC), a mini ratna company.

Presenting the cheque, NMDC Chairman B Ramesh Kumar said NMDC has also simultaneously released the second interim dividend to all the share holders.

He said the peak performance of the company was due to the higher prices of iron ore and increased production and sales.

The achievement was also due to the parity of domestic sale price with international sale price of iron ore as recommended by the Ganesan Committee.


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