ONGC presents Dividend to Government of India
Dated : 10th
January 2012
Shri
Sudhir Vasudeva, CMD, ONGC presented a cheque of
3964.35
crore to Shri Jaipal Reddy, Hon’ble Minister of Petroleum & Natural
Gas, on January 10, 2011 at New Delhi, as the Interim Dividend of the
Company.
The amount enriches shareholders as part of ONGC’s Interim
Dividend of
5347.20
crore that ONGC had announced post its 226th Board Meeting
held on January 4, 2012. This dividend payout comes on the back of
strong financial performance of the Company in the first half of the
financial year 2011-12. The payout works out to
6.25/-
per equity share of
5
each (on 8,555,490,120 equity shares).
The year has been a remarkable period for ONGC during which the
E&P major made a total of 15 notified discoveries of hydrocarbon
blocks reinforcing its stature as the flagship oil & gas company of
the country.
Shri Sudhir Vasudeva, CMD, ONGC along with Directors on the Board of
ONGC and MD OVL presenting the cheque to Shri Jaipal Reddy, Hon’ble
Minister of Petroleum & Natural Gas at New Delhi
Issued By
Oil and Natural Gas Corporation Ltd.
Corporate Communications, New Delhi,
Phone: +91-11-23320032, 23301302;
Tele-Fax: 011-23357860
Mail:
ongcdelhicc@gmail.com