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-ONGC declares results for Q3 FY'17

Feb 03, 2017 - ENP Newswire

In its 289th Board Meeting held on January 31, 2017, ONGC presented the Quarterly results for the quarter ended December 31, 2016.

ONGC Board has approved 2nd interim dividend of 45%, i.e. Rs 2.25 on each equity share of Rs 5. The total payout on this account will be Rs 2,887 Crore. Government of India will receive Rs 1,973 crore on its 68.34% shareholding. In addition, dividend distribution tax of Rs 588 Crore would also be paid to the Government. The Record date for distribution of divid...