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