Business News | HLL Lifecare Pays Govt Rs 122 Crore as Dividend for 2021-22

Get latest articles and stories on Business at LatestLY. A dividend is a reward that companies often provide to their shareholders, though not mandatory, from a portion of their earnings.

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New Delhi [India], January 11 (ANI): HLL Lifecare Limited (HLL) has paid Rs 122.47 crore as a dividend to the Union Ministry of Health and Family Welfare for the financial year 2021-22 (April-March)

"Government has received about Rs 122 crore from HLL Lifecare Ltd as dividend tranche," the Secretary at the Department of Investment and Public Asset Management had tweeted.

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A dividend is a reward that companies often provide to their shareholders, though not mandatory, from a portion of their earnings.

HLL Lifecare Limited (HLL) is a mini-Ratna public sector enterprise.

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HLL's range of products includes Contraceptives, Hospital products, Pharmaceuticals, Ayurvedic, Vaccines, Personal hygiene products, and Diagnostic kits. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)

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