Latest News | National Seeds Corporation Declares Rs 35.3 Cr as Final Dividend for 2023-24

Get latest articles and stories on Latest News at LatestLY. State-owned National Seeds Corporation Ltd (NSC) has declared a final dividend of Rs 35.30 crore for financial year 2023-24.

New Delhi, Feb 4 (PTI) State-owned National Seeds Corporation Ltd (NSC) has declared a final dividend of Rs 35.30 crore for financial year 2023-24.

NSC, a public sector undertaking under the Ministry of Agriculture, has declared a "final dividend of Rs 35.30 crore for the financial year 2023-24, representing 5 per cent of its net worth, in compliance with the Department of Investment and Public Asset Management (DIPAM) guidelines", according to an official statement.

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This highest-ever dividend underscores NSC's commitment to contributing to national agricultural development while ensuring financial sustainability.

The dividend cheque was presented to Union agriculture minister Shivraj Singh Chouhan by Maninder Kaur Dwivedi, Chairperson and Managing Director of NSC.

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Chouhan stressed the need to ensure that farmers always get good quality seeds and said the NSC should play a leading role in this mission.

On this occasion, Agriculture Secretary Devesh Chaturvedi and Joint Secretary (seeds) Ajeet Kumar Sahu were also present.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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