{"id":416995,"date":"2021-05-27T08:46:12","date_gmt":"2021-05-27T03:16:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=416995"},"modified":"2021-05-27T09:38:41","modified_gmt":"2021-05-27T04:08:41","slug":"bpcl-declares-record-rs-12581-cr-dividend-ahead-of-privatisation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-declares-record-rs-12581-cr-dividend-ahead-of-privatisation\/","title":{"rendered":"BPCL declares record Rs 12,581 cr dividend ahead of privatisation"},"content":{"rendered":"<p>Bharat Petroleum Corporation Ltd (BPCL) on Wednesday declared a record Rs 12,581 crore dividend, more than half of which will go to the government, ahead of the privatisation of the company.<\/p>\n<p>In a regulatory filing, BPCL said its &#8220;Board of Directors has recommended a final dividend of Rs 58 per equity share (including one-time special dividend of Rs 35 per equity share of Rs 10 each) for the financial year ended March 31, 2021 subject to the approval of the shareholders.&#8221;<\/p>\n<p>The dividend works out to Rs 12,581.66 crore, including special dividend of Rs 7592.38 crore.<\/p>\n<p>The government, which is selling its entire 52.98 per cent stake in BPCL, will get Rs 6,665.76 crore plus dividend distribution tax.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Petroleum Corporation Ltd (BPCL) on Wednesday declared a record Rs 12,581 crore dividend, more than half of which will go to the government, ahead of the privatisation of the company. In a regulatory filing, BPCL said its &#8220;Board of Directors has recommended a final dividend of Rs 58 per equity share (including one-time special dividend of Rs 35 per equity share of Rs 10 each) for the financial year ended March 31, 2021 subject to the approval of the shareholders.&#8221; The dividend works out to Rs 12,581.66 crore, including special dividend of Rs 7592.38 crore. The government, which is [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-416995","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=416995"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416995\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=416995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=416995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=416995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}