The Security Printing and Minting Corporation of India Limited (SPMCIL), a Central Public Sector Enterprise (CPSE) wholly owned by the Government of India under the Ministry of Finance, has paid a Final Dividend of Rs.215.48 crore to the Government of India for F.Y. 2019-20.
It is 5 percent of Net worth of the Company as at 31st March 2020 (41% of Profit after Tax for F.Y. 2019-20) in compliance of Department of Investigation and Public Asset Management (DIPAM) guidelines.
The dividend cheque was presented to Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman by Smt. Tripti P. Ghosh, CMD, SPMCIL along with Shri Ajai Kumar Srivastav, Director (Technical) in presence of Shri Tarun Bajaj, Secretary, DEA and Dr. Shashank Saksena, Senior Economic Advisor (C&C), DEA, Ministry of Finance.