Utility Powertech Pays Interim Dividend to NTPC
INVC NEWS New Delhi, R.K.S. Gahlowt, CEO, Utility Powertech Limited (UPL) presented an interim dividend cheque of Rs. 2,50,00,000/- (Rupees Two crore & fifty lac only) for the year 2015-16, as NTPC share to Shri A.K. Jha, Chairman & Managing Director, NTPC. Shri U.P. Pani, Director (HR), Shri Kulamani Biswal, Director (Finance), Shri D. Chakrabarty, ED (HR), Shri A.K. Rastogi (Company Secretary), Ms. Gitika Shiv, GM (HR-S) & Shri K. Sreekant, GM (Finance) from NTPC and senior officials of UPL were also present on the occasion. An interim dividend of Rs. 2,50,00,000/- (Rupees Two crore & fifty lac only) each i.e. 125% of the paid up share capital of the Company has been paid by UPL to both the promoter companies for the year 2015-16. UPL is a Joint Venture of NTPC Limited and Reliance Infrastructure Limited engaged in providing O&M support services.