(THE NEWSMAN OF INDIA.COM)
IREL (India) Limited, a CPSE under Department of Atomic Energy (DAE), declared an additional dividend out of the profit for the financial year 2019-20. With the declaration of additional dividend, total dividend paid by IREL would amount to Rs. 112.53 crore i.e. 38.60% of PAT for the year 2019-20. Prior to this, CPSE had issued 100% equity bonus shares amounting to Rs. 86.36 Crore and paid an interim dividend of Rs. 71 crore for the year 2020-21. The company has complied with the consistent dividend payment advisory issued by DIPAM and declared dividend over and above the minimum dividend payment stipulations inspite of the difficult situation faced in the backdrop of COVID-19 pandemic. Deependra Singh is the CMD of IREL.