The Union Minister for Railways, Shri Lalu Prasad was presented with a cheque of Rs.25.17 crore by Shri B.S. Kapur, Managing Director, IRCON International Limited, towards interim divided @ 255 per cent for the financial year 2005-06. Shri R. S. Varshneya, Member Staff, Railway Board and Chairman, IRCON, Shri R. Sivadasan, Financial Commissioner and other senior officials were present on the occasion.
IRCON had earlier paid a dividend of Rs.20.29 crore for the financial year 2004-05 @ 410 per cent on the then paid up capital of Rs.4.95 crore.
Interim dividend is on an enhanced equity paid up capital of Rs.9.90 crore after issue of bonus shares in the ratio of 1:1. After its inclusion, the cumulative dividend paid will stand at Rs.160.78 crore.
IKC/HK/CK
(Release ID :15532)