Railway gets Rs 45.10 Cr dividend on its equity in Container Cor

New Delhi, Feb 14 (UNI) Railway Minister Lalu Prasad was today presented a dividend cheque of Rs 45.10 crore by Mr Rakesh Mehrotra, Managing Director, Container Corporation of India Limited (CONCOR) here today.

The amount represents interim dividend at 110 per cent on the Equity Paid-up share capital of Rs 64.99 crore.

Ministry of Railways holds 63.08 per cent of the equity share capital of the Corporation.

CONCOR has already paid Rs 73.79 crores to the Centre towards final dividend for financial year 2005-06. So far, it has paid to its shareholders a total dividend of Rs 579.96 crore, out of which the share of Indian Railways has been Rs 373.95 crore.

Member Traffic, Railway Board and Chairman, CONCOR and other officials of CONCOR were also present in the function.

UNI