The Security Printing and Minting Corporation of India Limited (SPMCIL) has paid a Final Dividend of ₹ 240.41 crore to Government of India for F.Y. 2020-21 being 5% of Net worth of the Company as at 31^st March 2021 [57% of Profit after Tax (PAT) for F.Y. 2020-21) in compliance of DIPAM guidelines.

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman received the dividend cheque from SPMCIL by Smt. Tripti P. Ghosh, CMD, and Shri Ajay Agarwal, Director (Finance), in presence of Shri Ajay Seth, Secretary, Department of Economic Affairs (DEA) and Ms. Meera Swarup, Special Secretary & Financial Advisor, Ministry of Finance.

SPMCIL has achieved the targets in the production of bank notes, coins, security paper, passports, security inks and other security products during the year 2020-21. SPMCIL has produced 8,288 million pieces of the Bank Notes, 2,757 million pieces of circulating coins, 6,870 Metric Ton (MT) Security Paper, 600.42 Metric Ton (MT) of security inks in 2020-21.

During the year 2020-21, the Revenue from Operations of the Company is Rs. 4,712.57 crore and Profit before Tax is ₹ 789.74 crore.

ABOUT SPMCIL

SPMCIL is a Schedule-‘A’ Miniratna Category-I CPSE, wholly owned by Government of India under the administrative control of Department of Economic Affairs (DEA), Ministry of Finance.

Dividend compliance: SPMCIL paid final dividend to the Government under DIPAM guidelines reflecting prescribed share of net worth and profit. SPMCIL paid a Final Dividend to the Government of India for FY 2020-21 in compliance with DIPAM guidelines, calculated as 5% of the company's net worth as at 31 March 2021 and stated relative to profit after tax for the year; the cheque was presented by company officials to the Union Minister, and the release records the company's key production, revenue and profit before tax metrics for 2020-21.