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NLC hands over dividend cheque

NEW DELHI: The State-owned Neyveli Lignite Corporation (NLC) on Wednesday paid the Centre an amount of Rs. 219.75 crore as the second instalment of the 14 per cent annual dividend for the year 2005-06. The NLC Chairman and Managing Director, S. Jayaraman presented the dividend cheque to the Union Coal Minister, Shibu Soren. With this, NLC has paid 20 per cent for the entire fiscal amounting to Rs. 313.93 crore.

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