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NALCO interim dividend

BHUBANESWAR: National Aluminium Company Limited (NALCO) declared an enhanced interim dividend of 45 per cent on a paid-up capital of Rs.644.31 crores, amounting to Rs.289.94 crores for the 2007-08 fiscal.

About a week back, the company had announced an interim dividend of 40 per cent which was now enhanced by 5 per cent, a press release said here.

The Government of India holds 87.15 per cent shares of NALCO while the balance shares are held by various individuals, banks and financial institutions, it said.

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