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The Security Printing and Minting Corporation of India Limited (SPMCIL), a Schedule-A Miniratna Category-I CPSE, wholly owned by the Government of India under the administrative control of Department of Economic Affairs (DEA), Ministry of Finance, has paid a Final Dividend of Rs.215.48 crore to the Government of India for F.Y. 2019-20 being 5% of Net worth of the Company as at 31stMarch 2020 [41% of Profit after Tax (PAT) for F.Y. 2019-20) in compliance of DIPAM guidelines. The dividend chequ
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FAQ :
SPMCIL has paid a final dividend of Rs. 215.48 crore to the Government of India.
The dividend is for the financial year 2019-20.
The dividend represents 5% of SPMCIL's net worth as of March 31, 2020.
SPMCIL achieved targets in producing bank notes (9824 million pieces), circulating coins (3282 million pieces), security paper (7010 MT), and security inks (851 MT).
The company reported a Revenue from Operations of Rs. 4,966 crore and Profit before Tax of Rs. 1,026.79 crore for FY 2019-20.
SPMCIL received an 'Excellent' grading for Corporate Governance from the Department of Public Enterprises (DPE) for the year 2019-20.
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