Utility Powertech pays interim dividend
RKS Gahlowt, CEO, Utility Powertech Ltd (UPL) presented an interim dividend cheque of Rs 250,00,000 for 2015-16, as NTPC share to AK Jha, Chairman and Managing Director, NTPC. UP Pani, Director (HR), Kulamani Biswal, Director (Finance), D Chakrabarty, ED (HR), AK Rastogi (Company Secretary), Gitika Shiv, GM (HR-S) and 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 each i.e. 125% of the paid-up share capital of the company has been paid by UPL to both the promoter companies for 2015-16. UPL is a joint venture of NTPC Ltd and Reliance Infrastructure Ltd engaged in providing O&M support services.