The company is set to pay a total amount of Rs 2,036.57 crore to its 452 crore public shareholders (Image Source: Power Grid Corp) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Power Grid Corporation of India announced its first interim dividend of Rs 4.5 per share for the financial year, providing a clear return to shareholders even as the company reported a sequential downturn in its second-quarter consolidated financial performance.

The dividend declaration was a key takeaway that came from the state-owned transmission major’s second-quarter earnings filing. The company is set to pay a total amount of Rs 2,036.57 crore to its 452 crore public shareholders. The Record Date for the purpose of payment of dividend is set on Nov. 10 and the first interim dividend will be

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