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Tuesday, Nov 02, 2004

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STC pays Rs 5.46-cr interim dividend

Our Bureau

New Delhi , Nov. 1

THE State Trading Corporation (STC) on Monday gave out a cheque of Rs 5.46 crore by way of interim dividend for the current fiscal, following the corporation's total turnover for the first half of the current fiscal exceeding Rs 5,000 crore.

The Chairman and Managing Director, Dr Arvind Pandalai, gave the dividend cheque to the Union Commerce and Industry Minister, Mr Kamal Nath, here at the latter's office. The corporation has also disbursed a final dividend of 5 per cent for the fiscal year 2003-04, an official release said.

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