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of <h1>Neyveli Lignite Corporation Presents Rs. 439.49 Crore Dividend to Indian Government for Financial Year 2011-12.</h1> Neyveli Lignite Corporation Limited (NLC) presented a dividend of Rs. 439.49 crore to the Indian Government for the financial year 2011-12. The dividend was handed over to the Minister of Coal by the Chairman-cum-Managing Director of NLC, with other senior officials from the Ministry of Coal in attendance. NLC declared a dividend rate of 28.00% for the year, with the total payout, including distribution tax, amounting to Rs. 545.97 crore.
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