NRL pays Rs 122.61cr interim dividend to Assam government

Assam, Jan 4: Petroleum major Numaligarh Refinery Ltd (NRL) paid an interim dividend of Rs 122.61 crore to the Assam government for the current fiscal.

The state government holds a 12.35 percent stake in the PSU firm.

As per the statement issued by the company, NRL Managing Director S K Barua gave a cheque of Rs 122.61 crore as interim dividend for the 2020-21 financial year to Chief Minister Sarbananda Sonowal.

The interim dividend was based on the financial performance of the company between April and September 2020.

The final dividend will be decided at the NRL’s annual general meeting after the current financial year ending on March 31, 2021,” it said.

Besides the Assam government, Bharat Petroleum Corporation Ltd has a 61.65 percent stake in NRL and Oil India Ltd (OIL) holds 26 percent.